What a deal! Piñol agrees to sell tractors to farmers to with zero downpayment
Agriculture Secretary Manny Piñol has trashed the requirement for farmers to pay upfront cash for their 15-percent equity on tractors and now allows them to pay for it on installment over a four-year period.
“In all of the years that I have served in government, I have always held on to the belief that government is there to help, not to make things difficult for the people.
This too is the core belief of President Duterte,” Piñol said.
He said President Duterte would always say: “Nganong palisuran man ang mega tawo? Kung mutabang ta, tabang na Lang gyud (Why do we have to make things difficult for our people? If we like to help them, then we should go all out and help them).”
Piñol reiterated the hashtag changeishere in his visit to Mindoro last week when the DA started the long overdue distribution of equipment to farmers and fishermen, including tractors to help increase productivity in rice fields.
“Tractors long committed to farmers but which were not delivered because the farmers could not produce the required 15% equity were delivered,” Piñol said. “I issued the directive that stopped the requirement of the equity being paid upfront. Instead, the farmers will pay the equity by installment spread over four years.”
Piñol appealed to the farmers and the fishermen to take care of the equipment turned over to them and cautioned them against selling the equipment.
“I even warned them that I would file charges against them if they sold the water pumps, boats or tractors given to them, a reality which I personally saw when I was a government official,” Piñol said.