DA-ACPC extends assistance to small farmers and fisherfolk affected by Marawi conflict
The Department of Agriculture (DA) through the Agricultural Credit Policy Council (ACPC) extended emergency financing assistance to farmers and fisherfolk affected by the Marawi conflict.
DA Undersecretary for Special Concerns Atty. Ranibai Dilangalen and ACPC Executive Director Jocelyn Alma R. Badiola were the ones who handed over P10 million worth of loans to the Mindanao Consolidated Cooperative Bank (MCCB), which shall serve as the lending conduit of the Survival and Recovery (SURE) Assistance Program.
Of the P10 million fund, P5 million is allocated for the farmers and fisherfolk affected by the Marawi conflict and the other P5 Million is for the victims of Typhoon Auring in Agusan del Norte and Agusan del Sur.
The first batch of 80 farmers from Marawi received P5, 000 cash each for subsistence (survival package).
Farmers and fisherfolk who are eligible to borrow under the SURE Assistance Program may avail themselves of P25, 000 loan to enable them to finance the requirements of rehabilitating their farming and/or fishing areas and other livelihood activities.
Implemented by the DA-ACPC, the SURE Assistance Program aims to support the government’s goal of helping agricultural households in calamity-affected areas regain their capacity to earn a living and provide immediate relief to small farmers and fisherfolk.