City Livelihood Development Fund (Soft Loan)

The City Livelihood Development Fund (CLDF) Program, formerly known as the Municipal Livelihood Fund under the Municipal Agriculture Office, was first offered in 1992. It offered loans at a low interest cost to local farmers and fisherfolks with micro and small agribusiness ventures. In 2010, it became a formal program and was transferred to the CLDD through SP Res 238, s.2010, amended by SP Res 128, s.2012, to offer low-cost, non-collateralized business loans.