Agricultural Credit Policy Council (ACPC) was created in 1986 by virtue of Executive Order 113 to assist the Department of Agriculture (DA) in synchronizing all credit policies and programs in support of the latter’s priority programs.
There are five (5) programs under the ACPC which include SURE COVID-19, Kapital Access for Young Agri-preneurs (KAYA), Agri-Negosyo Loan Program (ANYO), Sikat Saka Program (SSP), and Agrarian Production Credit Program (APCP).
1. SURE COVID-19
FOR AGRI-FISHERY-BASED MICRO AND SMALL ENTERPRISES (MSES)
Loan purpose:
- Offers working capital loans to Agri-fishery Micro and Small Enterprises (MSEs) to continue operations and ensure the availability of food supply amid the community quarantine.
Loan Details:
- Up to PHP 10 million for working capital
Five (5) years to pay
Zero-interest
lending conduit may charge service fees
FOR SMALL FARMERS AND FISHERFOLK (SFF)
Loan purpose:
- Offers emergency and production requirements to Marginalized Small Farmers and Fishers (MSFF) whose incomes were affected by the community quarantine.
Loan Details:
- PHP 25,000 per household
Payable up to ten (10) years
Zero-interest, no collateral
lending conduit may charge a service of up to 3% per transaction
To know more about this program and how to avail, you may visit the DA website through this link SURE COVID-19 | ACPC.
2. Kapital Access for Young Agri-preneurs (KAYA)
Loan Purpose:
- Offers loans to finance working capital and/or fixed asset acquisition requirements of start-up or existing Agri-based projects of young entrepreneurs and Agri-fishery graduates.
Loan Details:
- Up to PHP 500,00 per borrower
0% interest
Up to 5 years to pay
based on project cash flow
To know more about this program and how to avail, you may visit the DA website through this link Kapital Access for Young Agripreneurs (KAYA) | ACPC.
3. Agri-Negosyo Loan Program (ANYO)
Loan Purpose:
- Offers loans to finance capital requirements of Agri-fishery based micro and small enterprises.
Loan Details:
MICRO AGRI-NEGOSYO LOAN
- Up to PHP 300,000
SMALL AGRI-NEGOSYO LOAN
- Minimum of PHP 300,000
- Maximum of PHP 15M
To know more about this program and how to avail, you may visit the DA website through this link Agri-Negosyo Loan Program (ANYO) | ACPC.
4. Sikat Saka Program (SSP)
Loan Purpose:
- Aims to help more palay and corn farmers access timely, adequate, and affordable production credit and improve the viability of agricultural production by ensuring availability of irrigation services, extension, links to markets and providing a favorable economic environment.
Loan Details:
- 15% per annum (inclusive of all other finance charges)
Declining interest rates for borrowers who establish a good credit standing
In the first 2 cropping cycles, the interest rate will be pegged at 15% which will be reduced by 1% every succeeding cycle starting from the 3rd cycle onward until it is reduced to 9% per annum.
To know more about this program and how to avail, you may visit the DA website through this link Sikat Saka | ACPC.
5. Agrarian Production Credit Program (APCP)
Loan Purpose:
- Aims to achieve sustainable crop production and increase incomes of agrarian reform beneficiaries (ARBs) and their households through the provision of credit and capacity building assistance.
Loan Details:
- Maximum number of projects: Up to three (3) projects per borrower
To know more about this program and how to avail, you may visit the DA website through this link Agrarian Production Credit Program (APCP) | ACPC.
APCP Loan Programs 6-Step Loan Availment Process
Step 1: Sign-up and create account.
Step 2: Schedule and attend online program briefing.
Step 3: Select loan facility and complete documentary requirements.
Step 4: Schedule and attend business planning workshop.
Step 5: Packaging of business proposal and referral to partner leading conduit (PLC).
Step 6: Processing, evaluation, and credit discussion by PLC.
Source: ACPC-ACCESS (acpcaccess.ph), Agricultural Credit and Financing Programs | Official Portal of the Department of Agriculture (da.gov.ph)