The document is a project proposal from the Padada Entrepreneur Credit Cooperative (PECC) seeking P300,000 in funding. PECC is a primary credit cooperative for entrepreneurs in Padada, Davao del Sur, Philippines that was established in 2013. The funding would be used to support PECC's micro lending program for its members engaged in small businesses like sari-sari stores and agriculture. If approved, the funds would come from the Department of Labor and Employment's Accelerated and Sustainable Anti-Poverty Program and allow PECC to augment the capital needs of its members' businesses.
The document is a project proposal from the Padada Entrepreneur Credit Cooperative (PECC) seeking P300,000 in funding. PECC is a primary credit cooperative for entrepreneurs in Padada, Davao del Sur, Philippines that was established in 2013. The funding would be used to support PECC's micro lending program for its members engaged in small businesses like sari-sari stores and agriculture. If approved, the funds would come from the Department of Labor and Employment's Accelerated and Sustainable Anti-Poverty Program and allow PECC to augment the capital needs of its members' businesses.
The document is a project proposal from the Padada Entrepreneur Credit Cooperative (PECC) seeking P300,000 in funding. PECC is a primary credit cooperative for entrepreneurs in Padada, Davao del Sur, Philippines that was established in 2013. The funding would be used to support PECC's micro lending program for its members engaged in small businesses like sari-sari stores and agriculture. If approved, the funds would come from the Department of Labor and Employment's Accelerated and Sustainable Anti-Poverty Program and allow PECC to augment the capital needs of its members' businesses.
The document is a project proposal from the Padada Entrepreneur Credit Cooperative (PECC) seeking P300,000 in funding. PECC is a primary credit cooperative for entrepreneurs in Padada, Davao del Sur, Philippines that was established in 2013. The funding would be used to support PECC's micro lending program for its members engaged in small businesses like sari-sari stores and agriculture. If approved, the funds would come from the Department of Labor and Employment's Accelerated and Sustainable Anti-Poverty Program and allow PECC to augment the capital needs of its members' businesses.
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PROJECT PROPOSAL
I – IDENTIFYING INFORMATION:
Project Title : MICRO LENDING
Project Site : Public Market, Almendras Distirct Padada, Davao del Sur Project Status : New Recommending Approval: Atty. Gladys A. Razonable-Gascon Municipal Mayor of Padada Amount Requested : P300,000.00 Coop Counterpart : P75,000.00 Total Project Cost : P375,000.00 Proposed Fund Source : Department of Labor and Employment thru Accelerated and Sustainable Anti-Poverty Program Project Proponent : Padada Entrepreneur Credit Cooperative Address : Public Market, Almendras Distirct Padada, Davao del Sur Beneficiaries : Coop Members Contact Person : Valentin M. Payot BOD Chairman Mobile Phone No. 09192935923
II – PROJECT INFORMATION
The proponent, Padada Entrepreneur Credit Cooperative (PECC) is a primary
credit cooperative duly organized solely for entrepreneurs in accordance with the existing laws of the Philippines and registered with the Cooperative Development Authority (CDA) on January 9, 2013 under registration number 92520 – 11022827 with principal office at Public Market, Almendras District, Padada, Davao del Sur.
As a primary credit cooperative envision itself as a catalyst of development among
entrepreneurs of Padada, Davao del Sur. It will serve as a prime mover of dynamic business activity in the area. At present, it is still considered as a baby in terms of track record, it is currently embarking on a lending business activity, to augment the capital requirements of their members who engaged in sari-sari/dry good retailing, buying and selling of grains and other agri/non-agri businesses.