Tabuk micro- coop gets SSF equipment aid

>> Sunday, March 26, 2017

CITY OF TABUK, Kalinga -- A mini-cooperative joined list of more than 24 beneficiaries in the province that received equipment assistance under the Shared Services Facility project of the Department Trade and Industry here.
Sunshine Molintas of DTI-Kalinga reported Kalinga Tawid Development Coop. was latest recipient of dehydrator, band sealer, meat/bone cutter, grinder, chest freezer, chiller and fermentation jars costing P692, 700.
DTI-Kalinga director Grace Baluyan, who turned over the equipments urged the recipients to use the equipments to boost their micro-enterprise saying good performance under the program qualifies the beneficiary to other assistance from the agency.
Meanwhile, Manuel Onalan, KTDC Manager, said the equipment would be great boost to their business.
KTDC is engaged in the processing of coffee, juice, malungay and production of legumes and heirloom rice.   
Under the SSFP, DTI grants equipment aid to micro-cooperators to help and promote organized small entrepreneurship in the countryside.The aid is awarded under a six-year conditional term.
If the recipient-cooperator stops operation of business within the six-year period, DTI can recall the equipments and awards the same to another proponent-cooperator.
But if the business opened by beneficiary-cooperator grows and surpasses the six-year conditional period, DTI turns-over full ownership of the equipments to the cooperator.

The SSF Project was launched in the province in 2012 and had contributed largely in the growth and development of micro-processors. -- Larry T. Lopez


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