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Republic of the Philippines
Department of Agriculture
Agricultural Credit
Policy Council
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Created
by virtue of Executive
Order 113 in 1986, the Agricultural Credit Policy Council (ACPC)
was mandated to assist the Department of Agriculture (DA) in synchronizing all agriculture and fisheries
credit policies and programs. The EO also directed ACPC to review and evaluate the economic soundness of
all agriculture and fisheries credit programs.
In 1987, Executive Order 116 attached ACPC to the DA.
Consequently, DA Administrative Order No. 5 mandated ACPC to oversee and manage the Comprehensive
Agricultural Loan Fund (CALF). |
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In 1992, Republic Act 7607 – the Magna Carta for Small Farmers,
expanded the role of ACPC to include the conduct of 1) special projects to promote innovative financing schemes
for small farmers; 2) institutional capacity building programs that will support the establishment of strong
and viable farmers and fisherfolk organizations; and 3) an intensive information drive that will improve credit
awareness.
In 1997, RA 8435 – the Agriculture and Fisheries Modernization Act (AFMA),
paved the way for ACPC to carve its niche in a liberalized and globalized environment. In support of AFMA, the ACPC
was assigned to oversee the implementation of the umbrella credit scheme for agriculture and fisheries – the Agro-Industry
Modernization Credit and Financing Program (AMCFP).
Today, as the government’s key player in rural finance, contributing in AMCFP
oversight, policy and action research, institutional capacity building and advocacy, ACPC continues to help government
develop policies and implement strategies that increase and sustain the flow of credit to agriculture and fisheries,
improve the viability of farmers and fisherfolk, and support agriculture modernization, food security and poverty
alleviation.
The Council
is composed of the following:
- Department of Agriculture
(DA) Secretary as Chairman;
- Bangko Sentral ng
Pilipinas (BSP) Governor as Vice-chairman;
- Department of Finance
(DoF) Secretary;
- Department of Budget
and Management (DBM) Secretary;
- National Economic
and Development Authority (NEDA) Director-General;
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Executive
Order 116 (30 January 1987) |
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Agricultural
Credit Policy Council (ACPC) attached to the Department of Agriculture |
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DA
Administrative Order No. 5 (22 May 1987) |
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Administration
of the CALF assigned to the Executive Director of the Technical
Secretariat of ACPC in behalf of the DA Secretary |
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R.A.
7606(4 June 1992), Section 21 |
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ACPC to:
- Expands its
loan guarantee coverage under the CALF
- Conduct special
projects to promote innovative financing schemes for small farmers
- Subsidize the
costs of information dissemination, monitoring, training and
registration
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DA
Administrative Order No. 6 / AFMA IRR (10 July 1998) |
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- Rule 20.1
- The Secretary, as Chairperson of
the ACPC, in collaboration with the National Credit Council (NCC),
shall organize dialogue sessions among all stakeholders in rural,
agricultural and fisheries financing.
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- Rule 21.1
- . . . the ACPC, jointly with the
National Credit Council (NCC) shall, through a participatory
process with the beneficiaries and stakeholders, formulate the
program of phase-out of all directed credit programs (DCP), including
the Comprehensive Agricultural Loan Fund (CALF)
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Vision |
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The ACPC is the institution on agriculture and
fisheries credit policy and program development that promote a sustainable and effective delivery of
financial services to the countryside. |
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Mission |
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To develop and advocate
agriculture and fisheries credit policies and orchestrate programs that
would promote farmers’ and fisherfolk’s access to sustained financial services. |
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Agro-Industry Modernization Credit and Financing Program
(AMCFP)
As the Oversight Body of the AMCFP, the ACPC reviews and approves credit programs
proposed under the AMCFP, and monitors and evaluates the implementation of the AMCFP.
Fund Administration
ACPC monitors and reviews the inflow and outflow of AMCFP credit funds. To increase the
program’s fund base, ACPC implements fund sourcing strategies and has also taken the lead role
in the collection and consolidation of government agricultural directed credit programs into the AMCFP.
Action Research: Design and Pilot-testing of Innovative Financing Schemes
The Innovative Financing Schemes of ACPC aim to address the financing needs of small farmers and
fisherfolk who lack collateral. The IFS are time-bound experiments intended for replication under the AMCFP.
Institutional capacity building (ICB) Programs
The ACPC conducts and facilitates institutional capacity building programs aimed at strengthening rural
financial institutions, including cooperatives, NGOs, people's organizations, and their farmer and fisherfolk members,
in accessing and managing credit funds.
Rural and agricultural finance policy research and advocacy
ACPC conducts policy research to come up with timely and reliable recommendations on appropriate credit policies
and programs for the agriculture and fisheries sector. ACPC fosters understanding and acceptance of these policies
and programs through wide-ranging information and advocacy activities.
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We
at ACPC... |
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Clear
Organizational Direction |
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We carry out programs
and activities that will contribute to the achievement of the
organization’s defined VISION, MISSION, and GOALS.
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Unity
and Cohesion |
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We support and implement
mutually agreed upon activities, and individually and collectively
uphold the integrity of the organization.
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Challenges
and Opportunities |
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We welcome challenges
and view these as opportunities for individual growth and the
further development of the organization.
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Consultation
and Communication |
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We employ open communication
and feedback mechanisms to ensure that our activities and programs
are relevant and responsive to the needs of our staff and clientele.
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Support,
Trust and Appreciation |
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We give support
to our colleagues and strive towards a work environment characterized
by mutual trust and where each individual’s contribution
is given due recognition.
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Commitment |
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We pledge to give
the best of our efforts to deliver quality and timely outputs.
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ACPC Organizational
Structure |
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Chairman
HON. ARTHUR C. YAP
Secretary - Department of Agriculture (DA) |
Vice-Chairman
HON. AMANDO M. TETANGCO, JR.
Governor - Bangko Sentral ng Pilipinas (BSP) |
Members
HON. MARGARITO B. TEVES
Secretary - Department of Finance (DoF) |
HON. ROLANDO G. ANDAYA, JR.
Secretary - Department of Budget and Management (DBM) |
HON. RALPH G. RECTO
Director General - National Economic and Development Authority
(NEDA) |
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JOVITA M. CORPUZ
Executive Director |
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JOCELYN ALMA R. BADIOLA
Deputy Executive Director
Policy, Research and Evaluation |
RAMON C. YEDRA
Deputy Executive Director
Fund Resource and Progam Management |
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ATTY. EDUARDO E. GARCIA
Legal Counsel |
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MAGDALENA S. CASUGA
Director
Policy Research &Planning Staff
(PRPS) |
MELITO M. MONTENEGRO
Director
Institution Capacity Building Staff
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NORMAN WILLIAM S. KRAFT
Director
Public Affairs & Information
Services Staff (PAISS) |
VERONICA P. SANTOS
Director
Admin and Finance |
 MA.
CRISTINA G. LOPEZ
Director
Monitoring & Evaluation Staff |
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