Duterte vows to make soft loans more accessible to SMEs

DAVAO CITY – President Duterte on Friday said he will find ways to source out funds so that the government can provide more help to small and medium enterprises.

Responding to a question by a participant during the “Go Negosyo Mentor Me” program of the Department of Trade and Industry at the Marco Polo Hotel here, Duterte also issued an appeal for understanding, saying he can only do so much because he was mid-term president.

He also said he will talk to Trade Secretary Ramon Lopez on how to make soft loans more accessible to small entrepreneurs.

Duterte also pushed for the creation of more cooperatives as a way of pushing forward the economy.

Read more...