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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