Edit Content
THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

7th Sangguniang Panlungsod (30 July 2001 – 30 June 2004)

ORDINANCE NO. 2004-056

AN ORDINANCE AMENDING ORDINANCE NO. 2004-011, ENTITLED: “AN ORDINANCE IMPLEMENTING THE TABANG PANG-NEGOSYO, HALE SA GOBYERNO (LIVELIHOOD FINANCIAL GRANT FOR THE URBAN INFORMAL SECTOR) AND FURTHER APPROPRIATING THE AMOUNT OF ONE MILLION (P1,000,000.00) PESOS FOR THE PURPOSE, CHARGEABLE AGAINST THE 2003 SURPLUS”, BY CHANGING ITS INTENT AS LIVELIHOOD FINANCIAL LOAN AND BY DELETING THE UNIFORM AMOUNT OF P500.00 AND THE REQUIREMENT FOR PICTURE OF THE APPLICANT AS SPECIFIED UNDER SECTION 3 THEREOF

Category: Agriculture; Business Trade and Industry and Labor; Livelihood and Employment
Principal Authors/Sponsors: Hon. William G. del Rosario
Enacted: April 28, 2004

Download ordinance here

Summary/Additional Info:
Summary: This ordinance amends City Ordinance No. 2004-011 by changing the “Livelihood Financial Grant” for the urban informal sector into a livelihood financial loan. It removes the fixed ₱500 amount and the photo requirement. The loan is meant for buying small equipment or materials for small businesses, with grantees encouraged to add their own counterpart funds. Applicants must submit a simple form with a barangay clearance or business permit. The ordinance took effect upon approval.

Other Ordinances