WHAT IS THE KAPITAL ACCESS FOR YOUNG AGRIPRENEURS?

A loan facility that aims to attract the younger generation of Filipinos to be key players in attaining a food-secure Philippines with prosperous farmers and fishers by financing the capital requirements of the entrepreneur’s start-up or existing farm/fishery business

Eligible loan purpose: Working capital requirements for production, processing and marketing; and acquisition of machineries and equipment.

Loan features

  • Up to PhP500,000 per borrower;
  • 0% interest rate (PLC may charge a service fee up to 3.5%);
  • No collateral;
  • Payable based on cash flow of project but not to exceed 5 years;
  • Financing through Partner Lending Conduits (PLCs) such as cooperatives, cooperative banks and rural banks
  • ACPC shall engage State Universities and Colleges (SUCs), government agencies and non-government Business Development Service Providers to extend business advisory/technical assistance services such as mentoring, entrepreneurship training, financial literacy, and product packaging, among others.

    • Eligibility requirements

  • Agri-fishery entrepreneurs who are 18 to 30 years old.
  • Must be graduates of either formal or non-formal schooling, including graduates of agriculture and fishery related degrees from higher education institutions, DA and ATI-accredited programs, TESDA programs, farm schools, and secondary schools with agriculture and fishery-related courses.

    • Application requirements

  • One (1) government-issued ID with picture
  • Loan application form
  • Simple business plan
  • Proof of Registration under RSBSA or Farmers and Fisherfolk Enterprise Development Information System (FFEDIS)

    • How to apply?

    • Sign-up at acpcaccess.ph 

      • All loan applicants will go through Program Briefing
      • Loan Applicants may be required to attend Business Planning Workshop 
      • ACPC reviews the completeness of requirements. Once complete, ACPC forwards the application to PLC; 
      • PLC conducts evaluation, CI/BI, and approves/disapproves loan application; 
      • PLC disburses the approved loan amount to the MSE-borrower and collects repayment
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