In response to the Small Business Corporation (SBC) Communication Plan's primary objective to increase the awareness and provide complete understanding of the internal, external stakeholders and clients on the Pondo sa Pagbabago at Pag-asenso's (P3) main objective, the Communications Department has drafted a list of Frequently Asked Questions (FAQs) with its corresponding answers for uniformity and consistency of response.
SB Corp., an attached agency of DTI, administers the P3 Program. Aside from creating a Program Management Office to oversee the management and monitoring of the P3 Fund, SB Corp. will make use of its lending network and the DTI Negosyo Centers in reaching out to P3 beneficiaries. It shall manage the P3 Fund through separate books (from SB Corp. proper) that will be subject to COA Audit.
The SB Corp. will deploy the P3 fund through micro-finance institutions (MFIs), cooperatives, and associations with national presence. Local MFIs may also be considered, particularly in the pilot areas. The complete list of lending partner conduits may be accessed through www.sbgfc.org.ph.