Wednesday 19 June 2013

INQUIRER.net: Micro-credit financing bill in House pushed

INQUIRER.net
Philippine News for Filipinos
Micro-credit financing bill in House pushed
Jun 20th 2013, 02:37

MANILA, Philippines -- Re-elected Muntinlupa City Representative Rodolfo Biazon on Thursday urged the 16th Congress to fast track the approval of a measure establishing micro-credit financing. In House Bill 1703, filed at the 15th Congress, its author Biazon said that the Land Bank of the Philippines should provide micro-credit financing to its clients. The bill seeks to amend Republic Act 3844 or The Code of Agrarian Reform in the Philippines by institutionalizing micro-credit financing as part of Land Bank's functions. "As a government universal bank, Land Bank's vision is to be a dominant financial institution in the countryside leading the nation to economic prospe...

Keep on reading: Micro-credit financing bill in House pushed

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