UNDP gives capital equip’t to small businesses

UNDP Ormoc Hub Coordinator Dario Cubilo and Ciriaco Tolibao, community affairs assistant of the Barangay Affairs Office hand over a rice cooker to a beneficiary. Also in photo are City Administrator Francis Pepito and UNDP Project Officer Carmela Belonio. (Photo by Sally Caberos)

THE United Nations Development Program turned over P4 million worth of equipment to 27 small entrepreneurs as part of its “Micro Enterprises and Cooperative Capital Asset Provision”  with the People of Japan as financing partner. The beneficiaries are small businesses affected by typhoon Yolanda.

The equipment are eight refrigerators, six rice cookers 5-kl. Capacity, four sets 2-burner gas stoves with gas tanks, three welding machines, two freezers, two ovens, two glass displays, two hand drills, a washing machine, battery charger, hand grinder, combination wrench and combination tool set. The business beneficiaries are 12 eateries, five repair shops, five stores, two bakeshops, a dress shop and auto shop.