Wednesday, March 30, 2016

DOLE releases PHP1-M assistance to Ormoc poor families

ORMOC CITY, Leyte, March 30 (PNA) -- The city government here distributed more than PHP1 million worth of livelihood assistance under the Integrated Livelihood Program of the Department of Labor and Employment, benefiting 214 residents.

Six village livelihood associations received a total of PHP157,000 to be lent to their 157 members. The associations will roll the money by lending PHP10,000 to each member payable within two years with minimal interest, after which the members can borrow again, said Mayor Edward Codilla.

The associations are Bagong Community Association, Margen Farmers Livelihood Association, Linao St. Mark Association, Boroc Layer Sustainable Livelihood Program Association, Kalangkoy Matica-a Livelihood Association, and Mahayag Livelihood Association.

On the other hand, 44 families of child laborers working in sugarcane fields were each lent PHP15,000 worth of grocery items for their community store business payable within two years to their associations. The recipients come from villages of Liloan, Dayhagan, Patag, Cagbuhangin, Sumangga, and Valencia.

“Another 13 familes of child laborers from Lilo-an, Patag and Cagbuhangin villages were also lent cash for their rice-retailing business also payable within two years to their associations,” Codilla said. 

Six of them are repeat borrowers who have fully paid their previous PHP15,000 loan by each one of them while seven new borrowers got PHP10,000 and one unit weighing scale each. (PNA)
JMC/SQM/FNC/EGR

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