Coop members, entrepreneurs enjoy ‘bigtime’ in Bataan

Local entrepreneurs took a break from work and reveled on special performances and the crowning of Ms. Hebigat 2017 during the Bataan Cooperatives and Entrepreneurs’ Night held at the Plaza Mayor de Balanga.

Celebrating with the event were Bataan Governor Albert Garcia, Balanga City Mayor Francis Garcia, and Provincial Cooperative Development Office head Azucena Sugatain.

During the event, members from different Municipal Cooperative Development Councils grooved in dance performances in front of hundreds of guests and citizens seated at the center of the Spanish-themed plaza.

Anne Lorraine Inton, representing the board of trustees of Bataan Peninsula Tourism Council Foundation, Inc., relayed the bills and laws that would benefit micro, small and medium enterprises (MSMEs), which compose more than 90 percent of businesses in the country.

“Through concerted public and private efforts, Republic Act No. 9501 or the Magna Carta for MSMEs was enacted into law in 2008, providing legal mandate to promote entrepreneurship by strengthening development and assistance programs for small businesses,” she said.

Inton added that she is aware of the struggles of entrepreneurs and businessmen in the country that is why they are helping them lessen their burden in the trade industry.

“We drafted the Credit Fund Surety Bill which is now a law, the Credit Fund Surety Act. So I’m really happy that it was implemented into a law,” she disclosed.

Republic Act 10744 provides for the creation and organization of credit surety fund cooperatives to enhance the accessibility of MSMEs, cooperatives and nongovernment organizations to the credit facility of banks and for other purposes.

Search for Ms. Hebigat 2017 culminated when Marianne de Leon from Morong Multi-Purpose Cooperative took home the title.

The event is part of the weeklong celebration of the 75th commemoration of Araw ng Kagitingan with more events and activities to come until April 10. (CLJD/MJSD-PIA 3)