Food Crop Production

Food Crop Production Financing Loan

.., is a financial assistance for small farmers engaging farm production of food crops considered under the Department of Agriculture classification.., in support of food security by virtue of RA 8435 otherwise known as Agriculture and Fisheries Modernization Act of 1997.

  • Maximum 2 hectares to be financed
  • Owned or leased within areas acceptable by RBMF
  • Amount based on prescribed Farm Plan and Budget
  • Release of Inputs thru PO system
  • With Technology Protocol
  • Co-terminus with the crop being financed

 

Requirements
1.Proof of ownership. Certificate of Land Title or Tax Declaration
2.Contract of Lease. (if # 1 requirement is not available)
3.Valid ID (government issued)
4.2 pcs 2×2 ID Picture (borrower & spouse)
5.Barangay Clearance
6.DA Certification on farm production
7.Savings Account
8.Farm Plan & Budget
9.Latest Soil Analysis result
10.Properly filled-up bank forms

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* Important Notes;
1/ Interest may be deducted from loan based on loan type and client condition.
2/ Deductions exclude compulsory savings and guarrantee/insurance fees.