Philippines - Third Small and Medium Industries Development Project
Vinokur, Anatoly | Godinho, Joana | Dye, Christopher | Nagelkerke, Nico
The credit component of the Third Small and Medium Industries Project will assist the Government in financing cottage, small- and medium-scale industries and developing the key financing institutions servicing the sector while the technical assistance component will help to alleviate key constraints facing priority SMI subsectors. The credit component will also support financially and economically viable SMI enterprises. The technical assistance component will be used to: (a) expand the network and scope of the Small Business Advisory Centers/ Medium and Small Industries Coordinated Action Program; (b) establish a fund to provide SBAC/MASICAP with the necessary resources to implement pilot projects in priority subsectors; and (c) finance studies on major issues relevant to the development of the SMI sector.
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