The Department of Agriculture said it is now ready to give loans to farmers affected by climate change following the approval by its Agricultural Credit Policy Council (ACPC) of the resolution spelling out the guidelines for the implementation of its agri-microfinance program for small farmers and fisherfolk. The resolution mandates the release and use of an additional P100 million for the ACPC and People's Credit and Finance Corporation (ACPC-PCFC) Agro-Microfinance Program to address the credit requirements of farmers and fisherfolk affected by El Niño and other calamities associated with climate change.

de Leon, A. L. (2010, August 26). DA to give loans to farmers and fishermen affected by El Niño. Malaya Business Insight, p. B2.