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Nego-Kart Project Launched Nationwide

January 12th, 2010 | 2 Comments | Posted in Franchise, PinoyDeal

A total of 596 nego-karts for ambulant vendors were initially distributed nationwide during the launching of the project in all regional offices of the Department of Labor and Employment (DOLE).

The Negosyo sa Kariton (Nego-Kart) project is one of the DOLE’s Priority Projects for 2009-2010 which is intended to provide decent livelihood mainly for the benefit of marginal workers in the country’s informal sector, specifically the ambulant workers in m ajor cities of the country.

Undersecretary Arturo L. Sodusta who heads the special project said, “ through the project, we intend that the income level of the ambulant vendors would at least be at par with that of minimum wage earners.”

Basically, the Nego-Kart project will provide the vendors with services that will enable them to increase, upgrade and diversify their products and services, and market the same to more buyers or customers.

Such services cover the acquisition of a vending cart and accessory livelihood tools; provision of working capital for procurement or production of marketable goods or services; provision of trainings on production skills, entrepreneurship and business management; and, assistance in securing business permits to operate in designated areas.

Each vendor-beneficiary is provided with a total of P15,000 in assistance including a vending cart and accessory livelihood tools costing P12,000, along with working capital amounting to P2,500 and training assistance worth P500.

A total of 1,188 nego-karts are expected to be set up before the year ends. The project is being implemented by the DOLE in partnership with accredited co-partners (ACPs) like the local government units (LGUs) and the private sector.

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2 Responses to “Nego-Kart Project Launched Nationwide”

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