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PIA Press Release
2010/06/04

Gov't targets 3,800 micro enterprises in Caraga region

Butuan City (4 June) -- The Department of Trade and Industry (DTI) in Northeastern Mindanao (Caraga region) is targeting at least 3,800 micro enterprises before the end of the year, a government official on Thursday said.

Under the Rural Micro Enterprise Promotion Program (RuMEPP) of the DTI, the government is pushing local micro individual borrowers to be more "innovative" after learning series of livelihood trainings to be more productive in the coming years.

"We are conducting more series of training activities to hit our target goal this year under the RuMEPP promotion program," said DTI Region Xlll Regional Director Brielgo O. Pagaran.

He said the DTI is stepping up its rural micro enterprise trainings, seminars, outreach implementation entrepreneurship and business opportunities.

Other trainings and seminar include "Magnegosyo" technology and livelihood modules, meat processing, "Kabuhayan" business counseling and assistance technology, crafts training, agri-business model, savings trainings, pangasius (cat fish) industrial development program and several other agri-business methods.

Pagaran said these trainings and seminars under RuMEPP program is a big help to small business entrepreneurs in the Caraga region.

The government's RuMEPP program is to reduce poverty in the countryside through increased economic development, job creation and additional rural incomes for poor households, he said.

The region's DTI chief also said the program also aims to increase the volume of finance available to micro enterprises and to provide efficient, cost effective and demand-responsive business development services to rural micro enterprises.

RuMEPP is a seven-year U.S.$ 22.826-million program assisted by the International Fund for Agriculture Development (IPAD), with DTI as the lead implementing agency.

"It help poor entrepreneurs and rural families by providing technical and financial support for micro enterprises which can in turn benefit other poor families through job opportunities," added Pagaran. (muc/PIA-Caraga) [top]

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