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
DA-ACPC’s Production Loan Easy Access (PLEA) registers a high 98% repayment rate
A year after its launching in June 2017, the Production Loan Easy Access (PLEA) credit facility boasts of a 98 percent repayment rate from marginal and small farmers and fisher borrowers in 16 regions covering forty-one (41) provinces. Based on the data gathered by the Agricultural Credit Policy Council’s (ACPC) Monitoring and Evaluation Staff, as continue reading : DA-ACPC’s Production Loan Easy Access (PLEA) registers a high 98% repayment rate
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
Sec. Piñol directs ACPC to organize Loan Facilitation Teams in every province
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