LandBank expands lending program to fishers, MSMEs

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The story "LandBank expands lending program to fishers, MSMEs" was covered 18 hours ago by Business Mirror, a news publisher based in Philippines.

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LandBank expands lending program to fishers, MSMEs - Business Mirror

Quick Summary:

THE Land Bank of the Philippines (LandBank) rebranded a lending program to expand credit access to small farmers, fishers, agrarian reform beneficiaries (ARBs) and agricultural micro, small and medium enterprises (MSMEs).

Agriculture graduates are also now eligible to access the loan program within three years after graduation, the Landbank said.

Moreover, LandBank reduced the documentary requirements by eliminating the need for Purchase Orders for individual farmers, and endorsements from Irrigators’ Associations for farmers in irrigated areas.