In line with its special focus to serve the needs of the country’s agriculture sector, the Land Bank of the Philippines (LANDBANK) reported that it has assisted over two million small farmers and fishers (SFFs) nationwide. As of end-September 2020, LANDBANK already assisted a total of 2,396,259 SFFs, exceeding its full-year target of two million, and more than double the 1,032,982 cumulative number of SFFs supported in 2019. About 1,630,602—accounting for 68% of the total—were provided assistance through the Bank’s regular loan offerings and lending programs jointly implemented with the Department of Agriculture (DA) and the Department of Agrarian Reform (DAR).

Landbank helps 2.4-M farmers, fishermen. (2020, October 27). SunStar Davao, p. 9.