S. No. 2752 H. No. 5217

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AN ACT STRKNOTHKNING NONCOVKUNMENT ORGANIZATIONS (NGOs) ENGAGED IN MICROKINANCE OPERATIONS FOR THE POOR

Be il enacted by the Senate and House of Representatives of thePhilippines in Congress assembled:

Section l. Short Title. - This Act shall be known as the “Microfinance NGOs Act".

Se c . 2. Declaration of Policies. - It is hereby declared the policy of the S ta te to pursue a program of poverty eradication wherein poor Filipino families shall be encouraged to undertake entrepreneurial activities to meet their minimum basic needs including income security. Towards this end, the