DSWD releases funds for SEA-K projects in Ifugao

by Vency D. Bulayungan

Lagawe, Ifugao (12 September) — The Department of Social Welfare and Development (DSWD) released recently a total amount of P250,000.00 to fund livelihood projects in two municipalities here.

Edna Duhan of the DSWD said that P150,000.00 was given to Poblacion Self Employment Assistance para sa Kaunlaran (SEAK) in the municipality of Tinoc while P100,000.00 was also given to Kamagong 2 SEAK in Banaue.

Duhan disclosed that the SEAK in Tinoc will fund the micro business of its members who are engaged in buy and sell. The Kamagong 2 SEAK also engaged in the buy and sell of woven products.

Since its inception in 1995, the program with a funding of P9M funded livelihood projects of SEAK members in the 11 municipalities who belong to poor families. Duhan believes that the project was able to meet its objective since almost all the associations under this program have about 96% Return on Investment (ROI). (PIA-Ifugao)