Farmers avail of P53-M loan from DA special credit program
Excerpt
Hundreds of farmers and fisherfolk in Negros Occidental have benefited from about PHP53 million in loans from the Production Loan Easy Access (PLEA) program of the Department of Agriculture -Agricultural Credit Policy Council (DA-ACPC). About 1,500 recipient-farmers are covered through two conduits – the Negros Cooperative Bank and Pag-Inupdanay, Inc. — along with La Castellana One Personnel Multi-Purpose Cooperative. Jane Aplaon, PLEA focal person in Negros Occidental, said there is a high repayment rate among the beneficiaries in Negros Occidental, pegged at 90 percent.
Citation
Farmers avail of P53-M loan from DA special credit program. (2019, March 16-17). The Daily Guardian, pp. 6, 14.
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