PEOPLE who have no bank accounts but want to start a small business venture can now obtain government funding for it.
Finance Secretary Carlos Dominguez 3rd, Trade and Industry Secretary Ramon Lopez, and Social Welfare and Development Undersecretary Mae Fe Templa signed on Tuesday the Implementing Rules and Regulations (IRR) for Republic Act 10693 for providing needy people access to microfinance services and operations. The chairperson of the Securities and Exchange Commission,Teresita Herbosa, was also a signatory.
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