The Agricultural Credit Policy Council (ACPC) conducted a coordination meeting with Department of Agriculture Regional Executive Directors (DA REDs) to discuss and resolve pressing issues and concerns on the implementation of ACPC’s Easy Access Programs across the country. The meeting was attended by DA Field Operations Service Director Roy Abaya, DA REDs, Regional Agri-Credit Desk continue reading : ACPC Conducts Coordination Meeting with DA REDs
Albay farmers see PLEA a big relief
LEGAZPI CITY—Farmer Lorna L. Solinad, 41, from Balasbas, Manito, Albay would resort to a “para sabala” everytime she needs more money to support her rice production. A “para sabala” is someone that pays in advance the harvest of farmers but with an almost 90% interest. This is an informal lending scheme resorted to by farmers. continue reading : Albay farmers see PLEA a big relief
ACPC’s Survival and Recovery (SURE) Loan
Through the ACPC’s Survival and Recovery (SURE) Loan, small farmers and fisherfolk affected by disasters (from areas declared under state of calamity) may avail themselves of financing assistance of up to P25,000 per borrower at 0% interest rate. Repayment is based on capacity to pay up to three years. Loan purpose must be to finance continue reading : ACPC’s Survival and Recovery (SURE) Loan
ACPC Hosts Best Practices Forum on Rural and Agricultural Finance
With the theme “Rural and Agricultural Finance Best Practices: Experiences of the Philippines”, the Agricultural Credit Policy Council (ACPC) hosted a national dissemination workshop on pilot testing rural finance best practices. The forum was conducted in collaboration with the Asia Pacific Rural and Agricultural Credit Association – Center for Training and Research for Agricultural Banking continue reading : ACPC Hosts Best Practices Forum on Rural and Agricultural Finance
ACPC releases P91.93 M calamity loans as of July 2018
The Agricultural Credit Policy Council (ACPC) has released a total of P91.93 million in loans to 8,379 farmers and fisherfolk through to 17 lending conduits under the Survival and Recovery (SURE) Assistance Program since the program started in February 2017 until July 2018. The SURE Assistance Program is a post-disaster facility which provides loan assistance continue reading : ACPC releases P91.93 M calamity loans as of July 2018
Farmer Reaps Harvest from Coop Membership, PLEA
Albert Pendijo describes his decision to join the Taculen Farmers’ Multi-Purpose Cooperative as life-changing. “With the benefits I get from the coop, I am now able to provide better for my family,” said the 27-year old farmer who is married and has two kids under four years old. Prior to his membership at the cooperative, continue reading : Farmer Reaps Harvest from Coop Membership, PLEA
Rural Women Rise Over Calamity
Heavy rains and winds brought about by Typhoon Nina wreaked havoc in Bicol just right after Christmas day in 2016. Due to the severity of damage, the local governments of Catanduanes and Camarines Sur declared a state of calamity. Aside from Bicol, tropical cyclone warning signals were also hoisted over numerous provinces in CALABARZON, MIMAROPA, continue reading : Rural Women Rise Over Calamity
DA-HVCRC, ACPC and ACEF Conduct Orientation-Workshop on Establishing LoFTs
In response to Department of Agriculture (DA) Secretary Emmanuel F. Piñol’s directive to create Loan Facilitation Teams (LoFTs) in every province, various DA offices collaborated for the conduct of the Orientation Workshop on the DA’s Credit Programs and the Establishment of the LoFTs on July 3 to 6, 2018 at the Tagaytay International Convention Center continue reading : DA-HVCRC, ACPC and ACEF Conduct Orientation-Workshop on Establishing LoFTs