Pasig City will launch its “TAPAT” program next week which will offer loans to job seekers and business owners, as the city addresses the impact of the health crisis to its economy.
TAPAT stands for “Tulong at Pampuhunang Ayuda sa Taga-Pasig.”
In his State of the City Address on Thursday, Mayor Vico Sotto announced that the City Council passed a measure that will provide financial aid to its residents.
Under TAPAT, the city government will offer a P5,000 loan to residents looking for job opportunities.
Sotto said they can use the amount to process the requirements needed for their employment.
“Ito po’y programa para makatulong sa ating mga kapwa Pasigueño na makabalik sa trabaho (This is a program to help our fellow Pasigueño to get back to work),” he said in his speech.
The mayor said the program will also offer a P10,000 loan with no interest for those who want to start a business.
“At pwede rin para sa mga negosyante na kailangan baguhin ng konti ang negosyo nila (And it is also for entrepreneurs whose businesses need a tweak),” he said.
Sotto said “TAPAT” program will be launched next week as the city moves to recover from the ill-effects of the pandemic to its local economy.
The 31-year-old mayor delivered an address Thursday to update his constituents on what his administration has accomplished as the city celebrates its 447th founding anniversary.