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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 sept. 7 2016
September 07, 2016 38

Farmers earn extra from organic rice coffee

NAGA CITY—Farmers here are now earning extra income after the Department of Agrarian Reform (DAR) launched the Lirag Organic Rice Coffee to the buying public on June 15, 2016 at the DAR provincial office here.The organic rice coffee product is grown and… Read More..
news reg 2 pix 1 july28 2016
Jul 28, 2016 63

DAR turns over P17.2M road in Masbate

The Department of Agrarian Reform (DAR) recently turned over a P17,293,026 worth farm-to-market road to the local government unit (LGU) of Mobo in the province of Masbate to provide the agrarian reform beneficiaries (ARBs) easier and faster access to deliver… Read More..
news reg pix 1 july 13 2016
Jul 13, 2016 97

Catanduanes is now LAD-Free as it distributes 50 more land…

The Department of Agrarian Reform (DAR) recently declared Catanduanes free from land acquisition and distribution (LAD). In a formal declaration, Regional Director (RD) Luis B. Bueno Jr. handed over to Provincial Agrarian Reform Program Officer (PARPO)… Read More..
news reg 2 pix 1 june 28 2016
Jun 28, 2016 107

DAR assists UPLB in project site survey in Masbate

The Department of Agrarian Reform (DAR) was tapped by the University of the Philippines Los Baños (UPLB) and the Dr. Emilio B. Espinosa, Sr. Memorial State College of Agriculture and Technology (DEBESMSCAT) to survey potential areas which could be the site… Read More..

Region 5 Calendar of Activities