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Landbank lending program gives boost to agri value chain
The Philippine Star
|November 25, 2024
State-run Land Bank of the Philippines, together with its partners, has launched a lending program to strengthen support for the agriculture sector.
Developed in collaboration with the Department of Agriculture, Department of Agrarian Reform, other government and private partners, the AGRISENSO Plus lending program was launched on Nov. 22 in Candaba, Pampanga.
The program is designed to provide support such as expanded eligibility, lower interest rates and a simplified loan process for small farmers, fishers, agribusinesses as well as other players in the agriculture value chain.
Agriculture graduates will also be eligible to access the program within three years after graduation. This is part of the bank's efforts to nurture the next generation of agri-entrepreneurs.
This story is from the November 25, 2024 edition of The Philippine Star.
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