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4Ps beneficiaries in Iloilo town form lending facility

FROM GRANTEES TO INVESTORS. Municipal building of Calinog. Over 2,000 members of the Pantawid Pamilya Pilipino Program (4Ps) have found a way to save, which they turned into a credit facility for employees of the municipal hall.(PNA photo by PGLena) ILOILO CITY - The almost 3,000 grantees of the Pantawid Pamilya Pilipino Program (4Ps) in the municipality of Calinog in Iloilo are now investors of a lending facility. Calinog Pantawid Association with 2,989 members decided to come up with their savings program back in 2018 called "Kinot (frugal) Supot (save) Program" (KSP), which was converted later into a lending program, according to its president, Femia dela Cruz, in an interview on Friday. 4Ps is the poverty alleviation strategy of the government through the Department of Social Welfare and Development (DSWD). "When we already have a sufficient amount, we thought of putting up a 'kabalaka' (concern) lending where we loan to employees of the municipal hall for ou

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