00:00Tourism, micro, small and medium enterprises or MSMEs can loan up to 20 million pesos through the Turismo Asenso Multipurpose Loan Program under the Small Business Corporation or SB Corp.
00:13This program aims to improve the quality of service of tourism MSMEs for the tourists.
00:19According to Tourism Secretary Cristina Garcia-Frasco, the loan program can be an economic driver for the tourism sector.
00:27The secretary added that with the help of the loan, the MSMEs are provided with the capital they needed to expand, hire people and improve their services.