Published December 18, 2020, 6:00 AM
The Department of Agriculture’s (DA) Agricultural Credit Policy Council (ACPC) has deposited P1 billion to LandBak as additional funding for emergency loans to small farmers and fisherfolk during COVID-19 pandemic.
In a statement, DA said it has already replenished the Expanded SURE Aid and Recovery Project (SURE COVID-19) loan program, which is part of the agency’s Plant, Plant, Plant program that aims to increase the country’s food adequacy level amid the pandemic.
Photo shows (clockwise from upper left) AgricultureSecretary William D. Dar and LANDBANK President and CEO Cecilia C. Borromeo lead the virtual MOA signing to implement the expanded SURE Aid and Recovery Project (SURE Aid COVID-19) on December 15, 2020 to provide financial assistance to small farmers and fishers affected by the pandemic. The signing was witnessed by Agricultural Credit Policy Council Executive Director Jocelyn Alma R.Badiola, and LANDBANK Agricultural and Dev