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    Landbank extends P1-B loan to small farmers, fisherfolk

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    Date
    September 2, 2016
    Author
    Simeon, Louise Maureen
    Metadata
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    Classification code
    PS20160902_B9
    Excerpt
    State-owned Land Bank of the Philippines is extending P1 billion in loans to farmers, fisherfolk and small enterprises as it pushes for improved financial inclusion. Landbank announced a new loan facility called Empowering Barangays in Remote Areas through Credit and Enterprise that will address financing needs of around 1.2 million farmers, fishers, micro and small enterprises in unserved areas nationwide. According to the state-run bank, the program has more relaxed features and requirements and lower interest rates for farmers to engage in eligible projects like an agricultural crop, livestock, fishery production, agri-enterprise and other livelihood activities.
    Citation
    Simeon, L. M. (2016, September 2). Landbank extends P1-B loan to small farmers, fisherfolk. Philippine Star, pp. B-9, B-10.
    URI
    http://hdl.handle.net/20.500.12174/1013
    Associated content
    Online version
    Subject
    Artisanal fishing; Fishers; Financing; Fishers; Financial institutions; Fishery products; Livelihoods; Fishing gear; Department of Agrarian Reform (DAR); Landbank; Landbank Lending Center; Borromeo, Cecilia
    Collections
    • The Philippine Star [1199]

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