BSP helps farmers gain easier access to credit
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The Bangko Sentral ng Pilipinas (BSP) is promoting agricultural value chain financing (VCF) to boost financial inclusion. BSP Governor Nestor Espenilla Jr. said the central bank recently issued guidelines on agricultural VCF to facilitate credit to the agriculture sector and all players in an organized value chain. “By encouraging linkages among various players in an agri-value chain, the credit risk of participating smallholder farmers and fisherfolks can be reduced and facilitate their access to more credit,” he said.
BSP helps farmers gain easier access to credit. (2018, January 14). Philippine Star, p. B5.
- The Philippine Star