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PIA Press Release
2010/11/19

Jao hands in DSWD SEA-K cash grants

Tubigon, Bohol (19 November) -- Spurring the economy of the countrysides take a new form: cash grants to budding entrepreneurs for them to work their way out of the mires.

In Tubigon town, Mayor Willam R. Jao would be an early Santa for town women's organizations, which were beneficiaries of the national government's cash grants in aid of their livelihood projects this November 24 when he hands in an early Christmas stimulus fund to women in the town.

Believing that empowering women for productivity can be one great economic force, Mayor Jao would personally distribute for the Department of Social Welfare and Development P5K per beneficiary to representatives of women's organization in this town, said Raymund Delgado, town information officer.

The fund, from the government's Self-Employment Assistance Kaunlaran (SEAK) cash grants was pushed by the Municipal Social Welfare and Development to keep the livelihood projects of their people brisk, Delgado explained.

Mayor Jao earlier said the grant can also be used by constituent organizations willing to put up small business ventures.

Funds received by them would be used as an initial capital on any entrepreneurial undertaking for those starting and reinforcement funds for those with existing businesses, Delgado said.

In tubogon however, the MSWD prefers the grant for grant existing businesses more than newcomers, but they too are welcome.

The national government through the DSWD has been giving grants since 1970 in the aim of helping citizens become self-sufficient and combat poverty though livelihood and small scale businesses.

In Tubigon, the MSWD is in Level 1 Implementation of the project for this year, sources said.

Actually, more assistance are coming up before this year ends in the project's Level 2 implementation, where over 1.4M worth of cash grant would be made available to another batch of beneficiaries, information from Tubigon bared. (RBD/mpio) [top]

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