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“ RECEIVED
3 ATES JAN 28

Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City, Metro Manila

EIGHTEENTH CONGRESS
Second Regular Session

HOUSE BILLNo, 8967

Introduced by Hon, Anthony Peter “Onyx” D. Crisologo

AN ACT CREATING A LENDING ASSISTANCE PROGRAM TO ASPIRING
WOMEN ENTREPRENEURS FROM LOW-INCOME FAMILIES

EXPLANATORY NOTE

Women’s Economic empowerment is an integral factor in moving to reduce
gender gaps to fully foster a gender-sensitive society. This acknowledges the importance
of women's inclusion in all facets of a country’s growth by promoting their participation
in the development of the economy.

The cultivation of their potentials will encourage active involvement in nation
building, and consequently stimulate a more supportive environment among families,
communities, and other institutions to create a bigger space for women to exercise their
rights and freedoms. Further, providing women, specifically from low-income families,
the ability to establish a small enterprise will give them better access to social protection
that is usually obtained through employment, such as pension and health cards, amongst
others. !

In keepi
advance the economic rights of women and further push the gender mainstreaming
initiatives of the government through a lending assistance program specifically for

ith the mandate of the Magna Carta for Women, this bill seeks to

‘women in our communities.

In view of the foregoing, the passage of this bill is earnestly sought.

First District of ‘Quezon City

1 Facts and Figures: Economic Empowerment, UN Women, https://www.unwomen.org/en/what-we-do/
‘sconomic-empowerment/facts-and-figures, (accessed January 24, 2021),


Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City, Metro Manila

EIGHTEENTH CONGRESS
Second Regular Session

HOUSE BILLNo._856?

Introduced by Hon. Anthony Peter “Onyx” D. Crisologo

AN ACT CREATING A LENDING ASSISTANCE PROGRAM TO ASPIRING
‘WOMEN ENTREPRENEURS FROM LOW-INCOME FAMILIES

Be it enacted by the Senate and House of Representatives of the Philippines in
Congress assembled.

SECTION 1. Short Title- This Act shall be known as the “Women Economic
Support Act of 2021.”

SECTION 2, Declaration of Policy- It is hereby declared a policy of the state to
recognize the role of women in the overall growth of the country through the provision of
financial support to encourage their active participation in the advancement of the

country’s economy.

SECTION 3. Coverage- All women from low-income families with a cumulative

monthly family income of P 10,000-16,000 shall be covered by this Act.

SECTION 4, Lending Assistance Program- All provinces, cities, and
municipalities, through their Gender and Development Offices, shall create a lending
assistance program with zero interest to assist aspiring women entrepreneurs from low-
income families.

The amount of the loan shall depend on the assessment and recommendation of

the assigned Loan Officer.

SECTION 5. Capacity Development Trainings- The lending program shall also
include capacity development trainings for their beneficiaries to ensure the sustainability

of their chosen enterprise and the proper usage of funds granted to them.


SECTION 6. Monitoring- Strict monitoring of the actual use of funds shall be
done to ensure that the assistance is being used in the procurement of business materials
and other services related to the declared type of business of the beneficiary.

SECTION 7. Implementing Rules and Regulations- All league of provinces,
cities, and municipalities, in close coordination with the Philippine Commission on
Women, the Department of the Interior and Local Government, and in consultation with
the Department of Trade and Industry, shall promulgate the rules and regulations of this
Act.

SECTION 8. Separability Clause - If any of the sections or provisions of this

Act is held invalid, all other provisions not affected shall remain valid.

SECTION 9. Repealing Clause - All laws, decrees, executive orders, rules and
regulations or other issuances or parts thereof contrary or inconsistent with the provisions

of this Act are hereby repealed, amended or modified accordingly.

SECTION 10. Effectivity - This Act shall take effect fifteen (15) days following

the completion of its publication in two (2) national newspapers of general circulation.

Approved,