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P 5K FINANCIAL ASSISTANCE FOR "SMALL-SCALE BUSINESS" IN CABADBARAN APPROVED

altDuring the 103rd regular session of the Sangguniang Panlalawigan of Agusan del Norte, it was approved and declared to be valid the City Ordinance No. 021-2018 or Financial Grant to Small-Scale Start-up Business in the City of Cabadbaran.
This is the content of the said ordinance authored by Sangguniang Panlungsod Member Oliver C. Bulang.
The interested applicant in a small business will receive a one-time financial assistance opportunity from the local government of Cabadbaran in the amount of five thousand pesos (P 5,000.00) like market vendors, street vendors, sari-sari store owners, small time tricycle operators and drivers, whose monthly income will not exceed the amount of ten thousand pesos (P 10,000.00).
Eligible applicants must be bona fide and registered citizen and must not be a beneficiary of any other financial assistance granted by the city of Cabadbaran.
Based on the recommendation of the SP Committee on Economic Zone, Trade, Industry and Tourism, the city ordinance was approved through Sanggunian Resolution No. 334-2018 thru the efforts of Honorable Lucia E. Jundis.

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