Negosyo Centers up in Pampanga towns

SAN FERNANDO, Pampanga—Four Negosyo Centers will be established in Pampanga this year to help small and medium enterprises in the province.

Elenita Ordono, head of the Department of Trade and Industry in Pampanga, said the centers will be established in Lubao, Guagua, Mexico and Mabalacat City.

Ordono said SMEs can borrow up to P200,000 without collateral from the centers, but this must be paid back for others to take advantage of the opportunity.

Each center has an operating budget of P1.3 million while the respective local government units will provide the office space for them.