In this manner, many more MSMEs and cooperatives stand to benefit from the CSF program. In this connection, the total trust fund of CSFs has also continued to grow – it now stands at P515 million, 8% higher than last year. In other words, the CSFs as a whole, can guarantee more bank loans.
And so, we welcome the City of Paranaque to the growing CSF community. Actually, simple lamang po ang gusto nating marating sa CSF – ang mapa-buti ang kabuhayan ng ating mga kababayan sa MSMEs sa pama-magitan ng pa-utang mula sa bangko.