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DOST offer loans to small business  

TABUK, Kalinga (Jan. 13) — The Department of Science and Technology (DOST)-Kalinga is assisting qualified and interested entrepreneurs through the Small Enterprise Technical Upgrading Program (SET-UP), giving priority on furniture making, gifts, textile and handicraft production and food processing.

DOST Provincial Director Alfredo Rigonan said through SET-UP DOST is providing soft loans to individuals or groups with three years of continuous business. He said this requirement would assure the capability of the small medium enterprise (SME) to maintain their business and pay the loan.

Rigonan further said that loans are given in terms of technology acquisition or production machineries and trainings and paid with 0% interest depending on the agreement within a maximum of four years. Interested applicants are recommended to submit proposals for assessment.

In 2004, DOST-Kalinga was able to assist four SME’s in the province. These are the Almaciga Resin Varnish Production, Praj Furniture Shop, Lamagan Furniture Shop, and the Kalinga Woodworks and Furniture Association Inc. # Gigi Dumallig/PIA-Kalinga

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Bontoc dads pass scholarship ordinance

BONTOC, Mt. Province (Jan. 13) — Mayor Alfonso Kiat-ong approved Ordinance No. 86, S. 2005 recently passed by the Sanguniang Panlalawigan establishing a municipal scholarship program here.

Under this ordinance, the municipal government should allot an annual budget of P277,200 to fund the scholarship program. The fund allotment should increase when barangays attain additional scholar allocations due to population or tuition fee increases Mt. Province State Polytechnic College (MPSPC).

Based on the equal-sharing and population-based allocations, only three scholars per barangay are allowed to avail of the said program. However, any barangay to complete 500 population over and above baseline population of 1,000 is allowed to have one additional scholar. Any fraction of population below 500 shall not entitle any barangay to an additional allocation.

This scholarship program is open to high school graduates and any public or private high school, must not have lower than 80% general average rating and must not be a recipient of any other scholarship grant. The said graduate must be an incoming first year college student willing to enroll in any course at the Mt. Province State Polytechnic College or any of its campuses, and must not have a brother or a sister availing of this scholarship program.

The prospective scholar must also be a bonafide resident of the municipality and must come from a marginalized family duly endorsed by the barangay council.

Under this program, each scholar is allowed a grant of P4,400 per school year or P2,200 per semester. The first P2,200 grant will be used to pay MPSPC’s semestral tuition and school fees; the rest will be the scholar’s allowance. # PIA-MP

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