Assistance to Women Engaging in Micro and Cottage Business Enterprises, Republic Act No. 7882 (Philippines)

The Act provides women who are at least 18 years of age and have been engaged for at least one (1) year in any micro and cottage business with a daily inventory of goods worth not more than twenty-five thousand pesos (P25,000) or with any business equipment with a book value of not more than fifty thousand pesos (P50,000), the priority to obtain a loan at prime interest rate or at the rate of twelve percent (12%) per annum, whichever is lower from any government financing institution. 

Any woman who is certified by the Technical Education and Skills Development Authority, or any government or government-accredited training institution as eligible to operate a micro and cottage business with a maximum capitalization of twenty-five thousand pesos (P25,000) shall likewise be eligible in obtaining a loan under the same conditions.