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PIA Press Release
2008/11/10

NAPC trains Samarnons on Micro finance

by Ninfa B. Quirante

Catbalogan City (10 November) -- The National Anti-Poverty Commission (NAPC) vowed to create more jobs for Filipinos especially the farmers, fisherfolks, teachers and other people's organization.

This, NAPC affirmed in a two-day Provincial Training Seminar for Financial Literacy Trainers Program held on November 6-7, 2008 at the Maqueda Hotel, Catbalogan City.

Some 75 Samarnons from Calbiga, Tarangnan, Pinabacdao, Catbalogan and from Eastern Samar attended the training.

Trainees were taught about Microfinance, their roles and responsibilities as clients, budgeting and planning, savings and investments.

Business Development Services also added to the knowledge of the participants.

ASec Dolores De Quiros of NAPC explained that aside from getting access to microfinance, Filipinos should also be made aware of their responsibilities as micro finance clients.

She added that the national government aims to assist 320,000 households throughout the country.

If ever that happens, de Quiros said it is easier to have food on the table.

Similarly, ASec Connie Dy also echoed the pronouncements made by de Quiros.

Meanwhile, as early as August 2008, the government vowed to create more employment opportunities for nearly 1 million Filipinos.

The National Anti-Poverty Commission (NAPC) revealed that close to 1 million unskilled workers, farmers and unemployed laborers can expect new jobs and better livelihood opportunities this year.

NAPC Secretary Domingo Panganiban, in an online news, said that President Arroyo's administration plans to increase its employment generation programs this year to reduce hunger and unemployment among Filipinos.

He said that the government aims to generate more than 860,000 new jobs for poor and hungry folk through the expansion of its micro finance services, skills training and coconut intercropping programs in more than 50 priority provinces and the National Capital Region (NCR).

"We will concentrate the bulk of our jobs and livelihood generation programs in areas that have the highest levels of hunger and poverty," Panganiban said.

Presently, Samar folks have been getting access through micro finance through the local lending corporations like Samico and Taytay sa Kauswagan.

Housewives have been given working capital for their 'small' businesses in food trading. (PIA-Samar) [top]

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