ACEF Agricultural Competitiveness Enhancement Fund Lending Program JOSEPH S. CACAL Account Officer, LANDBANK-Isabela Lending Center Cover or Title Slide

Target Borrowers Eligible Loan Purpose Individual farmer and fisherfolk Farmers’ and Fisherfolk Cooperatives and Associations Registered Micro and Small Enterprises (MSEs) Eligible Loan Purpose Individual Farmer and Fisherfolk Purchase of farm inputs and equipment or for farm improvement Farmers’ and Fisherfolk Cooperatives and Associations Acquisition/establishment of agri-based production and post-production, and processing machineries, equipment and facilities Registered MSEs Title and Content

Interest Rate (Direct Lending) Loanable Amount Individual Farmer and Fisherfolk Up to ₱1.0 Million per individual borrower Farmers’ and Fisherfolk Cooperatives and Associations Up to ₱5.0 Million per project loan per cooperative/ association Registered MSEs Up to ₱5.0 Million project loan per MSE Financing Mix 90% : ACEF 10% : Borrower’s Equity Title and Content Interest Rate (Direct Lending) 2% per annum

Eligibility Requirements Individual farmer and fisherfolk With viable project; No outstanding loan from formal lending institutions for the same project being applied for; and With marketable surplus of the project or other confirmed sources of repayment Micro and Small Enterprises Duly registered with the DTI/ SEC; No adverse findings on the borrower; With viable project; and No outstanding loans from other financial institutions, for the same project being applied for Title and Content

Eligibility Requirements, cont. Farmers’ and Fisherfolk Coops and Associations Duly registered with the CDA/ SEC/ DOLE-BRW; Operational for at least 6 months; No adverse findings on the borrower; With core management team composed of manager, cashier and treasurer or equivalent positions; and With proven track record (experience, training and preparation of officers and members to implement the proposed project to be financed) Title and Content

Loan Security Individual farmer and fisherfolk Production Combination of the following: PCIC insurance, if applicable; and Assignment of expected produce Acquisition of fixed assets Any or combination of the following: Chattel mortgage on object of financing PCIC Insurance proceeds, if applicable Title and Content

Loan Security, cont. Farmers’ and fisherfolk cooperatives and associations Any or combination of the following: Chattel mortgage; Insurance/guarantee proceeds such as PCIC, if applicable Micro and Small Entrepreneurs Any or combination of the following: Chattel mortgage; Insurance/guarantee proceeds such as PCIC, if applicable Title and Content The borrower shall be required, if applicable, to secure and renew annually their insurance and guarantee coverage while loan under ACEF is outstanding. The insurance premium shall be charged either as part of borrower’s equity or covered as part of the loan.

Basic Policies Application/ Pre-termination fees Waived Credit Investigation/ Background Investigation Required for registered MSEs; Waived for individual farmers/fisherfolk Pre-release Requirement Enrolment or renewal of insurance and guarantee coverage, in which the insurance/guarantee premium shall be charged either as part of borrower’s equity or covered as part of the loan. Mode of release Staggered or lump-sum depending on the project Borrowers shall be required to open an Automated Teller Machine Savings Account (ATM-SA) Loan restructuring Allowed, depending on the evaluation of the lending units Refinancing Allowed only for loans affected by calamity as declared by the concerned LGU or the National Government. Title and Content

Documentary Requirements Individual Farmer and Fisherfolk Loan Application; General Information Sheet; Business Plan or Farm Plan and Budget, as applicable; Sworn affidavit of no outstanding loans from any lending institution for the same project; and Barangay Clearance    Title and Content

Documentary Requirements, cont. Micro and Small Enterprise Loan Application; General Information Sheet; DTI/SEC Registration Certificate and current year Business Permit; Articles of Partnership/incorporation, if applicable; Bio-Data of owner and/or partner; Business Plan or Farm Plan and Budget, as applicable; Sworn affidavit of no outstanding loans from any lending institution for the same project; and Barangay Clearance Title and Content

Documentary Requirements, cont. Farmers’ and Fisherfolk Cooperatives and Associations Loan application; General Information Sheet; Photocopy of Certificate of Registration: For cooperatives: certificate of registration from the CDA For associations: Certificate of registration from either DOLE-BRW, SEC and other registering agencies; Bio-data of incumbent Officers and Board of Directors with ID; Board Resolution authorizing the Coop/Association to borrow and designating authorized signatories; Audited Financial Statement for the last year; or, latest interim financial statement for start-up companies; Business Plan/Consolidated Farm Plan and Budget; and Current year Business Permit   Title and Content

Application Process Flow Step 1: Secure list of eligibility/ documentary requirements Step 2: Self-assessment of personal/ project eligibility Step 3: Secure copies of Forms (application form, farm/ business plan, etc.) Step 4: Submit complete set of rqmts to nearest LBP Lending Center Step 5: Applied loan amount shall be credited to borrower’s LANDBANK-ATM Savings Account Title and Content *List of requirements and copies of forms are available in the ACEF website/ LBP Lending Centers/ DA Regional Offices

Thank you. Title and Content