Update on Landbank Agricultural Loans Released in Last 5 Months
LANDBANK AGRICULTURAL LOANS – The Landbank of the Philippines released a statement regarding the loans extended for agriculture.
There are several banks in the Philippines that people can turn to for loans. Truths be told that loan offers are among the considered options for emergency cases and personal purposes like starting a business. There are different types of loans.
One of the banks in the country with several loan offers is the Landbank of the Philippines, a government bank. It has loans for farmers and fishers, housing loans, and business loans. It has several loan offers under category. For the offers for farmers and fisherman, here are the lists of the offers:
FOR FARMERS:
- Sulong Saka
- Agricultural Credit Support Project
- Agricultural and Fishers Financing Program
- Agricultural Competitiveness Enhancement Fund (ACEF)
- ARISE-ARBs Program
- DA Sikat Saka Program
- PALAY ng Lalawigan
- EPAHP
- SWINE Lending Program
- Young Entrepreneurs from School to Agriculture Program
FOR FISHERMEN:
- Agricultural Credit Support Project
- Agricultural and Fishers Financing Program
- Pagsasakang Pantubig
- Financing Program for Commercial Fishing Vessel
Landbank of the Philippines, being a state-run banking institution, releases updates or announcements regarding its loan offers like the amount extended in a certain period. Recently, the bank gave an update on Landbank agriculture loans extended to farmers in the first five (5) months of 2021.
With regards to the Landbank agriculture loans released in the last five months, the government bank stated that it extended a total of Php 230.02 billion in loans to 2.7 million farmers and fishermen. Several agriculture businesses and projects funded by the state also benefited from the loan offers.
As of May 31, 2021, Landbank assisted a total of 2,734.572 farmers and fishermen. Undeniably, it is a huge help amid the COVID-19 crisis in the country now.
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May i know the requirements of ..Swine Lending Program.thank you.