A total of Php 20.77 M loan was released to nine (9) Agrarian Reform Beneficiary Organizations (ARBOs) in region 2 under the Agrarian Production Credit Program (APCP) of the Land Bank of the Philippines (LBP) this December 2015.
The nine (9) ARBOs sought the assistance of the Department of Trade and Industry in the facilitation of their documentary requirements and proposals in order to avail of the loan services of the LBP.
Breakdown of ARBOs loan releases were Cabayabasan MPC with Php. 2.1 M, Rang-ay ti Pussian with Php. 2 M, Bical Baliuag ARB Coop with Php. 3.4 M, Juzicasmin MPC with Php. 2.13 M, Lasvinag MPC with Php .8M, United Christian Farmers MPC with Php. 3.54 M and Roma Sur MPC with Php 1.7 M.
DTI continuously provides assistances to ARBOs in the facilitation of their loan releases under the Agrarian Production Credit Program (APCP) of the Land Bank of the Philippines (LBP) specifically in the preparation of Business Plan proposals.