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Pandemic-affected OFWs avail of DA agri loans

Agricultural Credit Policy CouncilExecutive Director Jocelyn Badiola (Screengrab) MANILA - The Department of Agriculture (DA) has a loan program exclusively for migrant workers repatriatedbecause of the Covid-19 pandemic and who want to venture into the agribusiness. Through its Agricultural Credit Policy Council's (ACPC) Agri-Negosyo (ANYO) program, the DA has helped 108 former overseas Filipino workers since the start of the pandemic two years ago, Executive Director Jocelyn Badiola said in a virtual briefing on Tuesday. "We have lent over PHP40 million to repatriated OFWs through the ANYO Program," she said. "Those who lost their jobs abroad due to the pandemic were granted loans to pursue agribusiness as a new means of income." Currently, they are processing 58 more applications. She said the OFWs can arrange with the embassies in their host countries to inquireabout the program if they are going home and want to start an agribusiness. ANYO was rolled out in ....

Jocelyn Badiola , Department Of Agriculture , Agricultural Credit Policy Council , Executive Director Jocelyn Badiola , Executive Order , Agricultural Credit Policy Councilexecutive Director Jocelyn Badiola Screengrab Manila The Department Of Agriculture Da Hasa Loan Program Exclusively For Migrant Workers Repatriatedbecause Covid 19 Pandemic And Who Want To Venture Into Agribusiness Through Its Council 39s Acpc Agri Negosyo Anyo , He Da Has Helped 108 Former Overseas Filipino Workers Since The Start Of Pandemic Two Years Ago , Xecutive Director Jocelyn Badiola Said Ina Virtual Briefing On Tuesday Quot We Have Lent Over Php40 Million To Repatriated Ofws Through The Anyo Program , Uot She Said Quot Those Who Lost Their Jobs Abroad Due To The Pandemic Were Granted Loans Pursue Agribusiness Asa New Means Of Income Currently , Hey Are Processing 58 More Applications She Said The Ofws Can Arrange With Embassies In Their Host Countries To Inquireabout Program If They Going Home And Want Start An Agribusiness Anyo Was Rolled Out 2020 Provide Zero Interest Loans , Ncluding For Small Farmers And Fishers Registered Micro Agri Fishery Enterprises , Ncluding Sole Proprietors , Nd Cooperatives Eligible Borrowersare Entitled To Amaximum Php300 , 000 While Registered Micro And Small Enterprises , Epending On Their Assets , Ay Borrowbetween Php300 , 000 And Php15 Million Loans Are Payable To Up Five Years Without Collateral Interest , He Da Acpc Said Was Created In 1986 By Virtue Of Executive Order 113 To Assist The Synchronizing All Credit Policies And Programs Support Latter 39s Priority It Also Tasked Review Evaluate Economic Soundness Ongoing Proposed Agricultural , Hether For Domestic Or Foreign Funding , Rior To Approval Undertake Measures Increase Its Funds Base And Adopt Other Liquidity Interest Stabilization Risk Cover Mechanisms For Various Financing Programs Pna ,