MANILA, Philippines—The Department of Labor and Employment launched on Friday a financial assistance program to help ambulant vendors.
Labor Secretary Marianito Roque said the Negosyo sa Kariton program aims to give vendors and street hawkers loans so that they would not have to patronize loan sharks.
Under the program, qualified vendors are to be given a "cart of tools and services, such as vending cart and accessories, working capital, training on production skills, entrepreneurship and management and assistance in securing a business permit," Roque said.
