SAN JOSE, Antique, Aug. 12 (PIA) -- Rice farmers in Barbaza, Antique have ventured into palay trading through a holistic package of assistance from government institutions such as the Land Bank of the Philippines, Department of Agrarian Reform (DAR), and Department of Agriculture (DA).
The Barbaza Farmers Irrigators Association, Inc. (BFIA) availed a credit line amounting to P1 million under the Land Bank’s Agrarian Production Credit Program (APCP) in 2016, which they used as capital for this business.
The APCP is a joint program of DAR and Land Bank, which seeks to achieve sustainable crop production and increase the earnings of the agrarian reform beneficiaries (ARBs) and their households by providing credit and capacity building support, said in a press release.
Prior to this, they also received various pre- and post-harvest equipment from DAR and DA, through the National Irrigation Administration (NIA).
BFIA president Jose Mario Rico Magtulis lauded the partnership among various government agencies as they are instrumental in extending support to their 708 members, 217 among them are ARBs.
“Dati siyempre NIA lang ang nagbibigay sa amin ng support. 'Nung pumasok sa amin si DAR, nalaman naming yung APCP loan at nakapasok naman kami sa Landbank na naging tulay para makatulong kami sa aming mga members,†Magtulis said in a media statement.
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