A TOTAL of 290 indigent beneficiaries from 11 associations in the five districts of Iloilo City benefited from the P1.45million cash aid provided through Self- Employment Assistance-Kaunlaran (SEA-K) of the Department of Social Welfare and Development (DSWD).
Rep. Jerry P. Treñas, Mayor Jed Patrick E. Mabilog, Vice-Mayor Jose Espinosa III, and DSWD-6 regional director Minda Brigoli led the distribution of SEA-K Livelihood Capital Assistance to the recipients during the turn-over and oath-taking ceremony of officers at the Congressional office Friday.
The SEA-K Association composed of 30 members received P150,000 each while the 25-member group got P125,000 or P5,000 per member.
The recipients SEA-K Associations are Amethyst, Silver, Moonstone, and Topaz in La Paz, Opal and Turquoise in Lapuz, Sun Stone and Amber in Molo, Garnet and Gasper in Arevalo and Rose in City Proper.
The SEA-K is DSWD’s micro-finance strategy for poor individuals with entrepreneurial skills. They are given non-collateral and interest-free seed capital, which is payable within one to two years.
The fund has been made available for the beneficiaries to start a business or income-generating project after they have been trained in food and fish vending, and sari-sari store operation.
They are recipients also of Pantawid Pamilya poverty-alleviation program of the national government. (Iloilo City PIO)