Microfinance Project under Puno Tagged as a Success
The Microfinance project that was setup in Rizal is considered as a success, thanks to the number of beneficiaries of the said program. When this livelihood project was established by the Department of Interior and Local Government under the guidance of Secretary Puno, the target was to help around 2000 families. But when this was implemented, around 2800 families benefitted from the project, thus DILG project netted 114 percent accomplishment rate.
This livelihood project was established as a response to the financial and economic crisis and this is also known as the ‘Dagdag Puhunan para sa Kabuhayan ng Pamilya’ or the Micro Finance Assistance to Existing Livelihood Project. This is just one of the many projects initiated by the Secretary as a Cabinet steward for the province as part of the government’s Comprehensive Livelihood and Emergency Employment Program. Secretary Puno is also the steward for Quezon Province. This is not the only project that was implemented by his office and the provincial government to help the province. The secretary alongside with the provincial governor and vice governor also distributed 2.4 million pesos worth of assistance packages to around 379 beneficiaries in the province. In a statement, the secretary called this move as a ‘Merry Christmas in June’ for his province mates. The other beneficiaries of the program include displaced factory workers and out of school youths. According to Secretary Puno, the department has contributed 5 million and this was sourced from the department’s savings while the local government for its part also provided a counterpart fund of 1.34 million. For the livelihood project, assistance packages were give to 2000 families from 100 barangays and these packages are meant to augment the livelihood programs.
In a statement, the secretary said that the project benefitted more than the targeted number of families because the city government of Antipolo also made its share. The city government of Antipolo provided training programs for the extra 280 families. The families were introduced to many livelihood activities like silk-printing, candle and soap making and a host of other livelihood activities. The secretary is also pushing for the Roadside Maintenance Project that will maintain the 416-km provincial roads for six months by out of school youths in the provinces of Rizal and Quezon.
Microfinance Project under Puno Tagged as a Success
The Microfinance project that was setup in Rizal is considered as a success, thanks to the number of beneficiaries of the said program. When this livelihood project was established by the Department of Interior and Local Government under the guidance of Secretary Puno, the target was to help around 2000 families. But when this was implemented, around 2800 families benefitted from the project, thus DILG project netted 114 percent accomplishment rate.
This livelihood project was established as a response to the financial and economic crisis and this is also known as the ‘Dagdag Puhunan para sa Kabuhayan ng Pamilya’ or the Micro Finance Assistance to Existing Livelihood Project. This is just one of the many projects initiated by the Secretary as a Cabinet steward for the province as part of the government’s Comprehensive Livelihood and Emergency Employment Program. Secretary Puno is also the steward for Quezon Province. This is not the only project that was implemented by his office and the provincial government to help the province. The secretary alongside with the provincial governor and vice governor also distributed 2.4 million pesos worth of assistance packages to around 379 beneficiaries in the province. In a statement, the secretary called this move as a ‘Merry Christmas in June’ for his province mates. The other beneficiaries of the program include displaced factory workers and out of school youths. According to Secretary Puno, the department has contributed 5 million and this was sourced from the department’s savings while the local government for its part also provided a counterpart fund of 1.34 million. For the livelihood project, assistance packages were give to 2000 families from 100 barangays and these packages are meant to augment the livelihood programs.
In a statement, the secretary said that the project benefitted more than the targeted number of families because the city government of Antipolo also made its share. The city government of Antipolo provided training programs for the extra 280 families. The families were introduced to many livelihood activities like silk-printing, candle and soap making and a host of other livelihood activities. The secretary is also pushing for the Roadside Maintenance Project that will maintain the 416-km provincial roads for six months by out of school youths in the provinces of Rizal and Quezon.