Friday, June 24, 2011

Ungale Handicrafts receives DOST SETUP assistance

Another micro-entrepreneur from Biliran has received support for technology acquisition to improve its production of gifts and holiday decor products (GHD). The Ungale Handicrafts of Brgy. Ungale, Kawayan, Biliran was among the latest MSMEs who benefitted the Small and Medium Enterprise Technology Upgrading Program (SETUP) of DOST.

With the package of technical assistance is a financial component for acquisition of equipment worth Eighty Five Thousand Two Hundred Fifty Pesos (PhP 85,250). Ungale Handicraft owner Mr. Rodito Madrideo is grateful for the support which would enable his firm to acquire new sets of heavy duty sewing machine and embroidery machine to be used in the production of various handicraft products made of local fibers such as abaca and pandan leaves.

The support in turn aims to increase the production volume of the company by 30% from current production, generate additional employment of at least 6 persons, and increase income of the SME by 20%.