Parañaque City Mayor Eric Olivarez gave loan assistance worth P10,000 to 30 beneficiaries of  the “Tulong Pangkabuhayan” program of the city government.

Mayor Eric Olivarez with the beneficiaries of 'Tulong Pangkabuhayan'

Olivarez said each beneficiary graduated from the  livelihood programs of the Parañaque Livelihood Resource Management Office.

He said the P10,000 check awarded to the beneficiaries will serve as their capital in whatever business they want to start and payable within one year, with a good payer able to qualify for another loan amounting to P15,000.

Olivarez said the “Tulong Pangkabuhayan” program of the city government aims to help city residents and was made possible through City Ordinance no. 214, Series of 2022, which was passed and approved by the City Council.