{"id":16002,"date":"2014-06-19T22:01:25","date_gmt":"2014-06-19T14:01:25","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=16002"},"modified":"2014-06-19T22:01:25","modified_gmt":"2014-06-19T14:01:25","slug":"govt-to-loan-out-p1-3b-under-agrarian-credit-program","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/06\/19\/govt-to-loan-out-p1-3b-under-agrarian-credit-program\/","title":{"rendered":"Gov\u2019t to loan out P1.3B under agrarian credit program"},"content":{"rendered":"<figure id=\"attachment_10679\" aria-describedby=\"caption-attachment-10679\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/farming-agriculture.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-10679\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/farming-agriculture-300x199.jpg\" alt=\"ShutterStock image\" width=\"300\" height=\"199\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/farming-agriculture-300x199.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/farming-agriculture.jpg 1000w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-10679\" class=\"wp-caption-text\">ShutterStock image<\/figcaption><\/figure>\n<p>MANILA &#8212; The Department of Agriculture (DA) announced yesterday its plans of lending out P1.336 billion this year, under the five-year credit and capacity development program for agrarian reform beneficiaries.<\/p>\n<p>Agrarian Production Credit Program (APCP), was specially created for the agrarian reform beneficiaries who are not eligible for financing under Land Bank of the Philippines\u2019 regular lending programs.<\/p>\n<p>Those agrarian reform beneficiaries who have no way of obtaining credit through formal means may still receive financial help through APCP.<\/p>\n<p>The said program, which has received an initial funding of P1 billion for 2012 and another in 2013, is a joint micro finance program of the Department of Agriculture (DA), the Department of Agrarian Reform (DAR) and the state-run Land Bank of the Philippines.<\/p>\n<p>This year, APCP\u2019s management committee aims to implement operational strategies to meet the target loans.<\/p>\n<p>The strategies include conduct of workshops with agrarian reform beneficiary groups on loan documentation, and assisting beneficiaries in identifying new agribusiness projects.<\/p>\n<p>APCP also handles capacity building, assistance for agrarian reform beneficiaries and support for the communal production and enterprise projects.<\/p>\n<p>Since its implementation in 2012, a total of P257.43 million in loans had been released as of February 28, 2014.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA &#8212; The Department of Agriculture (DA) announced yesterday its plans of lending out P1.336 billion this year, under the &hellip;<\/p>\n","protected":false},"author":44,"featured_media":10679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,95],"tags":[5652,5277],"class_list":["post-16002","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-news-ph","tag-agrarian-loans","tag-dar","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/16002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=16002"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/16002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/10679"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=16002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=16002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=16002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}