Welcome to DAR Region 12



Php48.3-M credit line to 28 farmer  groups in Sultan Kudarat

WEB NATL 20151014 SKUDARAT APCPphotoThe Department of Agrarian Reform (DAR) has recently approved a Php48,342,200.00 credit line through Land Bank of the Philippines (LBP) to 28 agrarian reform beneficiary organizations (ARBOs) ) to finance rice and corn production in  Sultan Kudarat.
 
Provincial Agrarian Reform Program Officer II (PARPO) Rodolfo Alburo said the approved credit lines are granted under the Agrarian Production Credit Program (APCP).
 
He said that the credit program, a project of DAR in partnership with the LBP,   aims to achieve sustainable crop production and increase household income of ARBs by providing them capital for farm inputs.
 
“The credit line for each ARBO vary according to the number of ARB members and the number of hectares applied for each organization,” Alburo explained.
 
Among the 28 ARBOs, 19 of them have already availed themselves of a total amount of P25,691,766.66 and  nine  farmer organizations are awaiting for the  scheduled release.
 
“Last year, five of these ARBOS received financing under APCP amounting to P11,168,485.00. They are now for second release this year,” Alburo added.
 
DAR Sultan Kudarat started the APCP program first quarter of 2014.
 
Iglecerio Catiil, LBP Account Officer for APCP in Sultan Kudarat said that APCP implements only 8.5% per annum interest rate, with an interest rebate of 2 percent if payment is made on time. The ARBO is given 150-180 days to pay the said loan to LBP.
 
“We allow ARBOs to pass on an all-in interest rate of 15 percent per annum, including service charge,” Catiil said.
 
He said that if farmers borrow money from traders, they would usually get at least 10% per month interest rate. “So imagine how APCP could actually help them if they take the program seriously and pay their amortization diligently,” Catiil stressed.
 
He added that APCP has a built-in insurance plan for the members and their immediate family in case of accident and death and for their crops in case of damage due to typhoons or other forms of calamities.
 
Rodel  Palmares, a member of KM 14 HVC Farmers Association, Inc. in Bagumbayan town shared that he has been borrowing money from traders for almost 10 years now to finance his farming needs. His borrowed money had reached over a hundred thousand pesos and had difficulty paying it off.
 
“I was forced to sell a parcel of my land to a trader as payment for all my debts”, Palmares said.
 
While a 10% interest rate per month from traders still enabled him to gain income, he said he earns much more when he borrows money for farm inputs from the APCP. (Jose Jemuel B. Dael)

Region XII News

news reg 2 pix 1 april 17 2018
April 17, 2018 15

DAR hands over P1.5 M post-harvest facilities to farmer…

Libungan, North Cotabato – Five farmer organizations in Libungan town recently received corn post-harvest facilities with a combined value of P1,590,000 through the Mindanao Sustainable Agrarian and Agriculture Development Project (MinSAAD), a… Read More..
news reg 1 pix 1 april 12 2018
Apr 12, 2018 40

DAR brings farm business school to Koronadal

Koronadal City - To equip farmers with the right set of knowledge and skills needed to make their farms more profitable, the Department of Agrarian Reform (DAR) recently launched Farm Business School (FBS) program in Koronadal City, South Cotabato.According… Read More..
news reg 1 pix 1 april 5 2018
Apr 05, 2018 42

142 North Cotabato ARBs complete Farmers’ Field School on…

NORTH COTABATO – A total of 142 Agrarian Reform Beneficiaries (ARBs) in the province of North Cotabato completed on Tuesday, April 3 their Farmers’ Field School (FFS) on sugarcane production under the Sugarcane Block Farming Project (SBF) of the Department of… Read More..
news reg 1 pix 1 april 3 2018
Apr 03, 2018 67

Pres. Duterte distributes land titles to 1,680 farmers in…

ISULAN, Sultan Kudarat – “Kayo ang idol ko!,” said President Rodrigo Duterte after distributing certificates of land ownership award (CLOAs) to 1,680 jubilant agrarian reform beneficiaries (ARBs) in a ceremony held at the Sultan Kudarat Sports Complex in this… Read More..