NextGen Day

According to the Department of Trade and Industry (DTI)-Region 7, at least 390 microenterprises in three Central Visayas provinces that were destroyed by Typhoon Odette would receive Negosyo Kits via Land Bank of the Philippines cash cards.

The Livelihood Seeding Program–Negosyo Serbisyo sa Barangay (LSP-NSB) programme of the commerce department would provide help to micro-entrepreneurs from Bohol, Cebu, and Negros Oriental.

DTI-7 director Maria Elena Arbon said in a statement that the program collaborates with local government units (LGUs) to extend the reach of business development assistance under the premise of bringing government services closer to the people.

“Aside from providing livelihood kits to qualified recipients, the stated program offers a variety of services to MSMEs, including facilitation of business name registration, business advising, business information, and advocacy,” Arbon explained.

The most recent program recipients are individuals who live in Central Visayas areas that were severely impacted by “Odette.”

On Wednesday, livelihood kits worth no more than PHP8,000 each micro enterprise will be distributed in Ubay, Bien Unido, San Miguel, Trinidad, Talibon, and Carlos P. Garcia in Bohol province.

On December 30 and 31, recipients from Carcar City, Sibonga, and Argao will be distributed in Gaisano Carcar, Cebu.

On New Year’s Eve, the distribution will take place in La Libertad and Guihulngan City in Negros Oriental.

According to the DTI-7 statement, the livelihood kits comprise goods that will aid in the recovery and improvement of the grantees’ enterprises.

MSME beneficiaries of the LSP-NSB program include sole proprietors, cooperatives, or sectoral associations located in identified barangays, including those in communist-affected areas and vulnerable communities such as Indigenous Peoples (IPs), refugees, or stateless persons, also known as persons of concern.

MSMEs hit by human-caused and natural disasters, such as Typhoon Odette, as well as health disasters such as epidemics and the coronavirus disease 2019 (Covid-19) pandemic, receive priority assistance, according to the agency.

According to the DTI-7, the initiative will provide additional help countrywide to microenterprises afflicted by natural and human-caused catastrophes, including health disasters resulting from pandemics.

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