2Feb/100
Livelihood Credit Assistance Program
Program Objective: To provide livelihood and enterprise development assistance to small farmer beneficiaries in the agrarian reform communities (ARCs) and members of the marginalized sectors by providing access to micro credit through accredited NLDC program partners/conduits, supported by capability building/institutional development interventions.
Target Clients:
- Program Partners/Lending Conduits o Rural Financial Institutions (RFIs) o Cooperatives
- Non-Government Organizations (NGOs) End-Borrowers
- Agrarian reform beneficiaries/small farmers and their wives/dependents in the ARCs; and,
- Other non-farmer and marginalized households in the ARCs and Kalahi zones.
Terms/Requirements
Loan Amount:
- Program Partners
- End-Borrowers - P3.000 to P50.000
Interest Rates: Program Partners
- Revolving Credit Line- 9% per annum
- Developmental Loan - 4% per annum; loan duration shall depend on the nature of the soft loan utilization but not to exceed three (3) years.
Contact Details:
National Livelihood Development Corporation
4th Floor, Hanston Building, F. Ortigas Jr., Road Ortigas Center, Pasig City 1605
Phone: (632) 914.7290 to 97 • (632) 631.2955/57 Fax: (632)631.2953/54
e-mail: nlsf-info@nlsf.gov.ph
Web: www.nlsf gov ph