WHAT IS THE KAPITAL ACCESS FOR YOUNG AGRIPRENEURS?
The Kapital Access for Young Agripreneurs (KAYA) Program offers loans to finance working capital and/or fixed asset acquisition requirements of start-up or existing agri-based projects of young entrepreneurs and agri-fishery graduates.
Eligible loan purpose: To finance capital requirements of start-up or existing agri-enterprise.
Eligible loan Borrowers can avail loans under the programs up to a maximum of 3 cycles only
Who are eligible
Young agripreneurs aged 18 to 30 years old.
Graduates of either formal or non-formal agri-fishery schooling*
*including but not limited to agriculture and fishery
related degrees from higher education institutions, DA
and ATl-accredited programs, TESDA programs, farm
schools, and secondary schools with agriculture and
fishery-related courses, as defined under Section 2 (d)
of RA. 11321(Sagip Saka ACt)- IRR
Loan details
Up to Php 500,00 per borrower
0% interest
Up to 5 years to pay
based on project cash flow
Requirements
a. One (1) government-issued ID with picture
b. Loan application form
c. Simple business plan
Those not registered under the Registry System
for Basic Sectors in Agriculture (RSBSA) shall be
required to enroll in the RSBSA through the DA
Inclusion Protocol thru the DA Regional Field Offices
or thru the MAO.
LENDING CONDUITS
- Government Financial Institutions (GFls)
- Non-Government Financial Institutions (NGFls) including cooperative banks, rural banks, viable NGOs, cooperatives and other private financial institutions.
Our Partner Lending Conduits manage the credit program, disburse credit funds to eligible borrowers, monitor and collect loans from borrowers
capacity building
- State Universlties and Colleges (SUCs)
- Government Agencies
- Other providers of Business Development Services (BDS)
Our capacity building partners shall provide our borrowers with technical assistance and training, including but not limited to:
- mentoring
- marketing
- innovative financing
- product packaging
- business planning