For the coming dry season, a government agency has opened a loan facility loans for farmers and fishermen who may be affected by the El Niño phenomenon. “Our individual farmers can borrow up to P25,000, and this is zero interest and payable in three years, up to P25,000 per borrower,” Agricultural Credit Policy Council (ACPC) Deputy Executive Director Cristina Lopez announced. “For our agri business loan, our individual farmers can borrow up to P300,000,” she added.

Sausa, R. (2023, May 16). Government offers ₧25,000 loan for farmers, fisherfolk. BusinessMirror, p. A4.