An Act Institutionalizing Microfinance Programs and Access to Capital to Support and Grow Micro Enterprises, Appropriating Funds Therefor, and for Other Purposes

This bill seeks to establish two development and financial assistance programs for MSMEs: a) PTK Assistance Program for micro-enterprises in need of capital; and b) Cash assistance from Php 5,000 to Php 50,000. This bill also establishes the PTK Five-Star Program for the development of MSMEs in all regions of the country, which shall provide free technical and administrative support, including, but not limited to, product development, skills and leadership training, packaging and design, quality control, and market promotion.