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PIA Press Release
2009/02/02

Villafuerte allots P10-M for micro-entrepreneurs in Camarines Sur

by Celso Amo

Pili, Camarines Sur (2 February) -- Camarines Sur Gov. LRay Villafuerte told a forum in the "Go Negosyo Goes Bicol Express" that the Sangguniang Panlalawigan has allotted some P10 million as start-up capital for microlending in the province.

Villafuerte said that the province can start lending P1,000 to those who want to put up a small business.

During the dialogue, Villafuerte challenged Senator Manny Villar to grant a P1.6-B loan to be broken down to P20 million for each LGU - the 81 provinces - the country in case he wins the Presidency in 2010.

"If the provincial governments will grant a microloan of P1,000 some 20,000 micro-entreprenuers or 60,000 families will benefit from it," cited Villafuerte.

Villar calls Villafuerte the "most entrepreneurial of all the governors in the country for making the number one tourism destination in Bicol, for its world class animation center and wake boarding experience.

The province is now one of the country's ten richest out of 84 provinces in the country.

The governor also said the Sangguniang Panlalawigan under Vice Gov. Sal Fortuno has passed a resolution making Jan. 30 of every year as Entrepreneur Day as well as Go Negosyo Day in the province.

Villar has called for an `entrepreneurial revolution' to immediately address the problem of poverty in the country as the most successful Go Negosyo Forum unfolds at the Convention Center inside the Camarines Sur provincial complex Friday morning.

He said that the reason why millions of Filipinos remain poor is because they have been conditioned to go to school, finish a course and get employed.

"This instills in the young a mindset of not being independent," said Villar, adding that the advantage of being an entrepreneur is to enjoy the feeling of being your own boss.

Villar said that the country will achieve a sustainable development if millions of Filipinos will become entrepreneurs.

"It is only when we develop an army of entrepreneurs that the existing mindset of the Filipinos will change, that we are capable of being self-reliant and being entrepreneurs rather than just being employed," said Villar during the jampacked forum.

"The so-called economic growth is hardly felt by millions of Filipinos. What is important is that the economic growth must come from the economic activities of our people and the most effective way to make this happen is to develop micro-entrepreneurs where government support can be directly given so they will immediately feel the effect of a growing economy," Villar argues.

Villar said that developing entrepreneurs must be the priority program of government.

"If the government only knows what entrepreneurs really need, our economy will start to grow vigorously." (PIA) [top]

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