DA Secretary William D. Dar and DA-ACPC Executive Director Jocelyn R. Badiola led the turnover of checks amounting to Php 75 million to two (2) partner lending conduits (PLCs) in Region IV-A for the implementation of DA-ACPC credit programs for small farmers and fishers (SFF) and agri-fishery Micro and Small Enterprises (MSEs), during the awarding of various DA interventions and projects in Lipa City, Batangas on January 23, 2021.
DA-ACPC’s accredited partner lending conduits, Mt. Carmel Rural Bank and Yakap at Halik Multipurpose Cooperative have approved credit allocations of Php 45 million and Php 30 million, respectively, to implement the DA-ACPC’s three credit programs, namely, the Expanded Survival and Recovery Loan Program (SURE COVID-19), Kapital Access for Young Agripreneurs (KAYA), and Agri-Negosyo Loan Program (ANYO) under the Bayanihan 2.
The SURE COVID-19 provides Php 25,000 in emergency loans to small farmers and fishers (SFF) to help them rehabilitate their livelihood during the community quarantine restrictions due to the COVID-19 pandemic, and working capital loans for agri-fishery micro and small enterprises (MSEs) to continue and enhance their agribusiness operations and ensure food security during the pandemic.
The KAYA program offers loans of up to Php 500,000 for young agripreneurs with agri-fishery training/schooling to finance their agri-fishery startup businesses, and the ANYO offers loans for individual borrowers, MSEs, and cooperatives and associations for their agribusiness projects and enterprises.
For more information on the DA-ACPC credit programs, visit our website at http://acpc.gov.ph/.
Photo caption: The awarding was held in the International Training Center on Pig Husbandry (ATI-ITCPH) Center in Marauoy, Lipa, Batangas, and was also attended by DA Assistant Secretary-designate for Operations Dir. Arnel De Mesa, DA-RFO IV-A OIC Dir. Vilma M. Dimaculangan, ITCPH Center Director and National Livestock Program Director Dr. Ruth M. Sonaco, and DA-ACPC Director Cristina G. Lopez, Program Development Division Chief Celedonio Pereyra and Senior Officers Cherry Quintero and Ma. Girlie Labrador. ### (DA-ACPC)
