A P2 billion allocation to be used in credit facilities under the Agro-Industry Modernization Credit and Financing Program (AMCFP) has been approved by Congress for 2015. The appropriation is provided under Section 3 of the 2015 General Appropriations Act (GAA), which states: “The amount of P2 billion shall be transferred to government financial institutions (GFIs) or cooperative banks to be used exclusively for the establishment of a continue reading : Government Provides Additional P2 Billion for Agri-Fishery Loans in 2015
AMCFP Loan Releases Increase by 26% in 2014
The Agro-Industry Modernization Credit and Financing Program (AMCFP) released 26.5% more loans in 2014 compared to 2013. The AMCFP released loans amounting to P1.44 billion over the period January to December 2014. Loans released by the program in 2013 amounted to P1.14 billion. The number of beneficiaries per year also increased by 56.5% with 36,016 continue reading : AMCFP Loan Releases Increase by 26% in 2014
ACPC Executive Director Jovita M. Corpuz awarded UPLB-CEM Outstanding Alumnus of 2014
ACPC Executive Director Jovita M. Corpuz was awarded Outstanding Alumnus in Agricultural Credit Policy and Program Reforms during the 36th Foundation Day of the University of the Philippines Los Baños-College of Economics and Management (UPLBCEM). The awarding ceremony was held on November 24, 2014 at ICOPED Auditorium, University of the Philippines Los Baños, College, Laguna. continue reading : ACPC Executive Director Jovita M. Corpuz awarded UPLB-CEM Outstanding Alumnus of 2014
Benchmarking Project for the AMCFP-AFFP Begins
The Agricultural Credit Policy Council (ACPC) has embarked on a benchmark survey for the Agricultural-Fisheries Financing Program (AFFP) under the AMCFP. The survey, which started in the second semester of 2014 and is expected to finish by the end of the first semester of 2015, is aimed at collecting baseline data on specific indicators that will be useful in monitoring and assessing the AMCFP-AFFP’s progress continue reading : Benchmarking Project for the AMCFP-AFFP Begins
Landbank and PCFC Receive P1B Total Fresh Funds from ACPC in 2014 for Lending to Small Farmers and Fisherfolk
The Agricultural Credit Policy Council (ACPC) turned over a combined total of P1 billion in additional funds to the Land Bank of the Philippines (LBP) and the People’s Credit and Finance Corporation (PCFC) in a check turnover ceremony held on February 14, 2014 at the Sulo Riviera Hotel in Quezon City. Of the P1 billion continue reading : Landbank and PCFC Receive P1B Total Fresh Funds from ACPC in 2014 for Lending to Small Farmers and Fisherfolk
ACPC to Develop Agri-Credit Program Management Information System
The Agricultural Credit Policy Council (ACPC) has embarked on a project to establish a reliable network and database management system that will address faster generation of needed data and information from ACPC-implemented programs. In 2014, the ACPC prioritized the development of the Agri-Credit Program Management Information System (ACPMIS). The ACPMIS is aimed to be used continue reading : ACPC to Develop Agri-Credit Program Management Information System
DA-ACPC Conducts Agri-Credit Program Orientations Seminars for Regions VII, IX and XII
The Agricultural Credit Policy Council (ACPC) partnered with Department of Agriculture Regional Field Offices 7, 9 and 12 in organizing and conducting Ugnayang Agri-Kredit sa Probinsya Seminars for farmers, fisherfolk and other agri-fishery stakeholders in the three (3) regions. The 3 seminars were held respectively in Zamboanga City, Dumaguete City and General Santos City in continue reading : DA-ACPC Conducts Agri-Credit Program Orientations Seminars for Regions VII, IX and XII
Additional capital from the CBAP triggered the start of something big for this farmer
Being a son of a farmer, Mr. Ernesto Quijano, fondly called Mang Nestor, knows fully well that farmers will never go hungry. Mang Nestor is a philosophy major who embarked on farming which is his true passion. After long years of being an educator and a certified trainor on organic agriculture, Mang Nestor decided to continue reading : Additional capital from the CBAP triggered the start of something big for this farmer
ACPC Releases P40M in April for Yolanda-Affected Farmers and Fisherfolk in Leyte, Samar
Four partner financial institutions of the ACPC based in Leyte and Samar are the latest to receive funds for the implementation of the Rehabilitation Support Program for Typhoon Yolanda-Affected Small Farmers and Fisherfolk. The Metro Ormoc Community Multi-Purpose Cooperative, Southern Leyte Cooperative Bank, Rural Bank of Dulag, and the Fatima Multi-Purpose Cooperative received P10 million continue reading : ACPC Releases P40M in April for Yolanda-Affected Farmers and Fisherfolk in Leyte, Samar