To help farmers and fisherfolk comply with the requirements and guide them on how to easily avail loans, Department of Agriculture (DA) Secretary Emmanuel F. Piñol directed the Agricultural Credit Policy Council (ACPC) to install Loan Facilitation Teams in every province during the Harmonization of DA’s Extension Support, Education, and Training Services (ESETS) on April continue reading : Sec. Piñol directs ACPC to organize Loan Facilitation Teams in every province
Access of Small Farmers and Fisherfolk to Formal Credit Improves thru PLEA Program
Small farmers and fisherfolk (SFF) who were able to avail themselves of credit from formal lending sources increased through the implementation of the Department of Agriculture (DA) – Agricultural Credit Policy Council’s (ACPC) Production Loan Easy Access (PLEA) Program. This is confirmed through ACPC’s monitoring and field validation report. Out of a total of 742 continue reading : Access of Small Farmers and Fisherfolk to Formal Credit Improves thru PLEA Program
PRODUCTION LOAN EASY ACCESS (PLEA) PROGRAM CONTINUES EXPANSION
After its launching in Malimono, Surigao del Norte on June 23, 2017, the Agricultural Credit Policy Council’s (ACPC) Production Loan Easy Access (PLEA) program continues to expand and is currently being implemented in 49 areas nationwide. PLEA is a special credit facility designed to address the financial needs of marginal and small farmers and fisherfolk continue reading : PRODUCTION LOAN EASY ACCESS (PLEA) PROGRAM CONTINUES EXPANSION
ACPC releases ₱741.96M in loans in 2017
The Agricultural Credit Policy Council (ACPC) released a total of P741.96 million in loans under the Production Loan Easy Access (PLEA) and Survival and Recovery (SURE) Assistance Programs by the end of the third quarter 2017. Under the PLEA, a total of P675 million were released to 25,256 small farmers and fisherfolk (SFF) through 84 continue reading : ACPC releases ₱741.96M in loans in 2017
GUBAT ST. ANTHONY COOPERATIVE OF REGION 5 WINS GAWAD SAKA SEARCH FOR OSFFO 2017
The Gubat St. Anthony Cooperative (GSAC), based in Gubat, Sorsogon, is this year’s recipient of the Gawad Saka Outstanding Small Farmer/Fisherfolk Organization (OSFFO) award. The award recognizes exemplary contributions of small farmer/fisherfolk organization (SFFO) in the upliftment of the quality of life of the Filipino farmers/fisherfolk in the community and in promoting agricultural development in continue reading : GUBAT ST. ANTHONY COOPERATIVE OF REGION 5 WINS GAWAD SAKA SEARCH FOR OSFFO 2017
ACPC Released initial P5 million PLEA fund for Banisilan farmers
The Agricultural Credit Policy Council (ACPC) downloaded P5 million to Alamada Multi-Purpose Cooperative (AMPC) as initial credit fund for lending to marginal and small farmers of Banisilan, North Cotabato on 5 September 2017. The fund is part of the P10 million allocation for the municipality of Banisilan under the PLEA Program. Banisilan is an upland continue reading : ACPC Released initial P5 million PLEA fund for Banisilan farmers
Flagship DA loan program achieves 100% repayment in Cordillera
MANILA, Philippines — The flagship lending program of the Department of Agriculture (DA) reported a 100 percent repayment record in the Cordilleras as the government aims to improve the country’s lending for the sector. Agriculture Secretary Emmanuel Piñol said vegetable farmers of Cordillera who availed P6.1 million under the Production Loan Easy Access (PLEA) program continue reading : Flagship DA loan program achieves 100% repayment in Cordillera
President Duterte, Sec. Piñol releases credit funds to affected poultry farmers in Pampanga and Nueva Ecija
The Department of Agriculture (DA) through the Agricultural Credit Policy Council (ACPC) turned-over P20 million to the Bangko San Luis which will serve as the lending conduit partner of ACPC for the Survival and Recovery (SURE) Assistance Program. The SURE Assistance Program is a post-disaster facility which provides loan assistance to calamity-affected small farmers and continue reading : President Duterte, Sec. Piñol releases credit funds to affected poultry farmers in Pampanga and Nueva Ecija
PLEA Program Reaches Farmers and Fisherfolk in Pitogo, Bohol
The Department of Agriculture – Agricultural Credit Policy Council (DA-ACPC) together with the Office of the Undersecretary for High Value Crops & Rural Credit (HVCRC) turned-over a P10 million credit fund to the Metro Ormoc Community Multi-Purpose Cooperative (OCCCI) under the Production Loan Easy Access (PLEA) program last August 23, 2017 at the Municipal Gymnasium, continue reading : PLEA Program Reaches Farmers and Fisherfolk in Pitogo, Bohol
ACPC delivers P31 M SURE Assistance to Camarines Sur and Catanduanes
The Agricultural Credit Policy Council (ACPC) turned over P31M worth of credit funds to six cooperatives which will serve as lending conduits for the Survival and Recovery (SURE) Assistance Program to benefit farmers and fishers affected by Typhoon Niña in the provinces of Camarines Sur and Catanduanes. The check turn-over ceremonies was held on August continue reading : ACPC delivers P31 M SURE Assistance to Camarines Sur and Catanduanes