Section 3
SEC. 3. Women With Existing Micro and Cottage Business. -Any woman who, at the time of the effectivity, of this Act shall 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) shall have priority to obtain a loan not exceeding the value of her business equipment, at prime interest rate or at the rate of twelve percent (12%) per annum, whichever is lower, from any government financing institution: Provided, That only women with good track record in sales shall be eligible to obtain such loan.