Philippines: DA sets up loan program

October 9, 2007 |

By Amy R. Remo
Source: Inquirer (www.inquirer.net)
Last updated 08:59pm (Mla time) 10/07/2007

MANILA, Philippines--AGRICULTURE Secretary Arthur C. Yap has approved guidelines for the implementation of the P200-million Agri-Fishery Microfinance Program, a new financing scheme for farmers.

With microfinance placed as one of the agriculture sector's top five priorities, the AFMP seeks to increase the amount of credit support to priority commodities and special priority zones.

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