Sugarcane farmers in Bacolod to have access to gov’t financing
The Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA) will make sure that even sugarcane farmers will have access to government financing.
Agriculture Secretary Emmanuel Piñol said the DA, through the Agriultural Credit Policy Council (ACPC), will open a credit facility to the farm workers to provide them access to loans which they could use for other livelihood activities during the off-season for sugarcane farming..
The loans would have very low interest rates.
“The workers were given one month to submit the list of their members who will be involved in the farm machineries and equipment operations, in livelihood projects, in identifying their children who are interested to go to college and in selecting a cooperative which will handle the credit program,” Piñol said.
The DA and SRA will also print and distribute pamphlets, which will explain the scholarship programs of government for the children of farmers and fisher folks and how their children could avail of it.
In the meantime, DA and SRA likewise pledged to support the sugarcane farm workers in Bacolod by organizing them into a service providers’ group who will own and manage a fleet of farm machineries and equipment — including tractors, trucks and harvesters which they would use in the farms of their former “masters.”