3Feb/100
Agriculture Lending Program from Cooperative Bank
Program Objective:
- To expand lending of cooperative banks and increase their outreach to smallholders in the agriculture and fishery sector.
Eligible Sub-Borrowers:
- Small farmers / fisherfolk
Eligible Projects:
- Production of hybrid rice and certified seeds • Corn production
- Fisheries/aquaculture production and marketing
- HVCC/Vegetables production and marketing
- Livestock production
Terms and Conditions
Loan Amount:
- Unsecured / non-collateralized loans - maximum of P30.000
- Secured / collateralized - maximum of P150,000
Interest Rate:
- To end-borrowers (farmers / fisherfolk) - 12% to 20% p.a. (depends on the coop banks lending terms and conditions)
Contact Details:
Agricultural Credit Policy Council
28th Floor, One San Miguel Avenue Building,
San Miguel Avenue Ortigas Center, Pasig City
Phone (632) 634.3326- 634.3320 to 21
Telefax: (632)636.3393
Web: www.acpc.gov.ph
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