The Department of Trade and Industry (DTI) has reported that the ongoing oil crisis in the Middle East is compelling micro, small, and medium enterprises (MSMEs) to avail of financing support from the agency. DTI Pampanga Acting Provincial Director Ma. Cristina B. Evangelista stated that one of the first support measures implemented at the onset of the crisis was the provision of financing assistance.
MSME Business Fund
According to Evangelista, the DTI launched the MSME Business Fund, specifically designed to provide financing to enterprises affected by the Middle East crisis. This fund is administered through the Small Business Corporation (SBCorp), a government financial institution established in January 1991 under Republic Act No. 6977, or the Magna Carta for Small Enterprises.
Evangelista noted that supply chain disruptions, rising logistics costs, and cash flow challenges have prompted more enterprises in Pampanga to seek financial assistance. The majority of beneficiaries are microentrepreneurs in food processing, where energy-dependent operations have been significantly impacted by supply disruptions.
Easier Access to Financing
“We have also made access to financing easier and more accessible, even online,” Evangelista said. Micro entrepreneurs can avail of financing up to P20,000. Interested MSMEs may apply for the program online and submit necessary documents virtually. Loans of up to P5 million do not require collateral, and borrowers may avail of grace periods on both principal and interest payments.
The DTI Pampanga reported that from January to May 2026, 57 MSMEs applied for the financing program, with a total loan amount of P43 million. Of this amount, the DTI has approved and released P20 million.
