|
Created in 1997 by virtue of Republic Act 8435 or the Agriculture and Fisheries Modernization Act, the AMCFP is the governments umbrella financial system for agriculture and fisheries. It caters to small farmers, fisherfolk, those engaged in food and non-food production, processing and trading, cooperatives, farmers and fisherfolks organizations and small and medium enterprises or SMEs engaged in agriculture and fisheries. | ||||||||||
|
HOW THE PROGRAM WORKS Implementation of the AMCFP is overseen
by the ACPC. Under its framework, government financial institutions,
provide wholesale loans for agriculture and fisheries projects
to private rural financial institutions, which, in turn lend
directly to individual farmers and fisherfolk. ![]() ![]() OBJECTIVE To provide financing assistance to individual farmers, fisherfolk, urban and rural poor who have projects in palay, corn, soybeans, high-value crops, poulty, livestock, or fisheries. ELIGIBLE BORROWERS (Minimum Requirements)
LOANABLE AMOUNT
INTEREST RATE - Maximum
of five percent (16%) per annum |
|||||||||||
|
LENDING CONDUITS |
||
|
Region 1 Rural Bank of Malasiqui Region 2 Department of Agriculture Regional
Office 2 Cagayan State University Unibase Cooperative Green Acres Cooperative
LIGHTBRINGERS Cooperative National Capital Region Capitol City Rural Bank of Trece Martirez
Region 7 Bayawan Community Cooperative LAMAC Cooperative Sibonga Multi-purpose Cooperative Government Employees Assoc. of Sta. Catalina
(GEASCA) San Remigio Unified Cooperative (SARUC) |
Region 9 LGU Polanco Pinan Multi-purpose Cooperative Rural Bank of Roxas, Inc. Sindangan Multi-purpose Cooperative Paglaum Multi-purpose Cooperative Guitran Dumingag Farmers Irrig. Integ. Coop.
(GDFIICO) Cooperative Bank of Zamboanga Del Norte Lorenzo Tan Multi-purpose Cooperative Kapatagan Valley Bank Rural Bank of Kapatagan Valley Rural Bank of Kapatagan Valley Rural Bank of Kapatagan Valley |
Rural Bank of Labason (Main) Rural Bank of Labason Tampilisan Region 10 Cooperative Bank of Lanao del Norte Region 13 Golden Luck Multi-purpose Cooperative Surigao Micro Credit Cooperative Tago Industrial Development Corporation (TAGINDECO) Guiasan Multi-purpose Cooperative Active Women Development Cooperative (AWODCO) CARAGA Aquaculture Multi-purpose Cooperative Self-reliant Farmer Soybean Self-reliant Farmers Soybean |
|
For more information, you may contact: ![]() AGRICULTURAL CREDIT POLICY COUNCIL 3F Agustin 1 Bldg., Emerald Ave Ortigas Center, Pasig City, Philippines Tel. Nos. (02) 636-3391; 634 -3320 to 21 Fax No. (02) 634-3319 Website: www.acpc.gov.ph ![]() QUEDAN & RURAL CREDIT GUARANTEE CORP. 54 Panay Ave., Quezon City, Philippines Telefax No. (02) 373-9452 Website: www.quedancor.gov.ph Vice President for Credit & Guarantee Department Tel. No. (02) 373-4165 Assistant Vice President for Field Support Division Tel. Nos. (02) 373-9711, (02) 373-9453 |