Zero-interest loan

Muntinlupa Mayor Jaime Fresnedi explains how the city’s micro-financing program works as he turns over P1.3 million zero-interest loan assistance to Tulong Negosyo Batch 117 representatives, dubbed as “Muntipreneurs,” on Tuesday to help them recover from the economic disruption brought about by the COVID-19 pandemic. Seventy micro-entrepreneurs got loans ranging from P2,000 up to P150,000, depending on the business capital ceiling and payment record of beneficiaries.