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Dec 27, 2017 @ 9:27

Insurance payments, seeds, loans for typhoon victims prepared

Agriculture Secretary Emmanuel Piñol said that insurance payments for crops destroyed, seeds and fertilizers during the twin tropical depressions Vinta and Urduja as well as an emergency loaning program of P25,000 per family affected by the calamities are now being readied by the Department of Agriculture (DA).

According to Piñol, the Philippine Crop Insurance Corporation (PCIC) through its president Jovy Bernabe earlier said P127 million was readied for release to the following regions affected by Typhoon Urduja: Region 4B- P20.1 million for 3,891 farmers; Region 5- P27.5 million for 5,344 farmers; Region 6 – P26.8 million for 5,125 farmers; Region 7 – P 25.8 million for 2,826 farmers.

“The PCIC will update its damage assessments following the onslaught of a second typhoon, Vinta, which mainly affected regions in the Southern Philippines,” Piñol said.

DA Assistant Secretary Andrew Villacorta, who is also the Field Operations head, also reported to Piñol that buffer seeds from other regional offices of DA are now being shipped to the typhoon affected areas.

Meanwhile, the Agricultural Credit Policy Council (ACPC) through its Executive Director Jocelyn Badiola, has been directed to validate the number of families of accredited farmers and fisherfolk affected by the typhoons so they could be granted the SURE loaning program.

The SURE Program, which stands for Survival and Recovery, grants a P25,000 loan package to farming and fisherfolk families affected by calamities.

Of the amount, P5,000 is given as a grant while the remaining P20,000 is a no-collateral, no-interest loan payable in 3 years and designed to assist typhoon victims in the fisheries and agriculture sector to recover.

Local Government Units of typhoon-affected areas are required to submit a municipal resolution declaring a state of calamity in their areas which along with the NDRRMC data will be used as the basis for the granting of the SURE loans.

“Undersecretary Francisco Villano, who is also Chief of Staff of the DA Secretary, has been directed to ensure the delivery of assistance and services to the typhoon affected areas.” Piñol further said.



 

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