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Four ARBOs To Receive Agri-Prod Loan thru APCP

1782391 231931963661939 477169218 oThe gentlemen of DTRIS ARBO signing the documents with DF Excelsa Cruzana & Henry Orbita (seated). Witnessing the signing of documents are (standing r-l) CARPO Salve Lo, APCP Provincial Point Person Ning Lagatuz, OIC PARPO I Camilo Del Monte & PARPO II Jess Dela Rosa.Four Agrarian Reform Beneficiaries (ARBOs) in Camarines Norte will finally get hold of almost 6 million worth of financing through the Agrarian Production Credit Program (APCP) of the DAR–DA-LBP. APCP is a socialized credit program for ARBs funded by the Office of the President through the Department of Agriculture. It is designed to respond to the needs of ARBs on Agricultural Crop Production, Agri-enterprise and livelihood projects.
 
This good news was personally announced by Dr. Henry A. Orbita, Account Officer of the Land Bank of the Philippines Camarines Lending Center in a meeting called purposely for the target ARB Organizations last March 5, 2014 at DARPO Conference Hall.
 
 
Dr. Orbita tackled among others the final briefing, loan counseling, and signing of pertinent pre-release loan documents as required by the Land Bank of the Philippines. A representative from the Philippine Crop Insurance Corporation or PCIC discussed also the crop insurance policy for possible consideration of the ARBOs.
 
The 6 million pesos approved credit line for ARBOs is intended to finance agricultural production for Sta. Elena Farmers MPC (2.7M) & Daet Talisay River Irrigation System Div. C (1M) for Palay Production, Caayunan MPC (1M) and Barangay Iberica Cassava Pineapple Producer & Processing Association (BICPPPA) for Pineapple Production.

Region V News

news reg 1 pix 1 march 16 2017
March 16, 2017 38

Bicol allocates P9.8-M to empower CARP stakeholders

The local government of Bicol recently allocated P9.8-million of funds to empower the Comprehensive Agrarian Reform Program (CARP) stakeholders, which include agrarian reform beneficiaries (ARBs), ARB organizations (ARBOs), rural women and landowners.The… Read More..
news reg 2 pix 1 march 13 2017
Mar 13, 2017 56

DAR validates agri lands for distribution to farmers in…

NAGA CITY—The Department of Agrarian Reform (DAR) Undersecretary for Field Operations Marcos D. Risonar, Jr. recently visited the Bicol region to validate the current status of land acquisition and distribution (LAD) targets of Camarines Sur 1 and 2 where a… Read More..
news reg 2 pix 1 dec. 28 2016
Dec 28, 2016 178

DAR chief awards 1,441 hectares of lands to Bicolano…

The Department of Agrarian Reform distributed 1,441 hectares of agricultural land to some 858 agrarian reform beneficiaries (ARBs) in Bicol during the recent visit of Secretary Rafael “Ka Paeng” Mariano in Camarines provinces, December 8-9, 2016. Ka Paeng… Read More..
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Nov 24, 2016 137

DAR distributes 120 hectares of agricultural lands in…

QUEZON CITY, Nov. 20 -- The Department of Agrarian Reform (DAR) recently distributed 120 hectares of agricultural lands in Donsol town in the province of Sorsogon. Provincial Agrarian Reform Program Officer II (PARPO) Leonito M. Gaveria said 35… Read More..

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