1. ACEF Agricultural Competitiveness Enhancement Fund Lending Program
JOSEPH S. CACAL
Account Officer, LANDBANK-Isabela Lending Center
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2. 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
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3. 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
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Interest Rate (Direct Lending)
2% per annum

4. 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
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5. 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)
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6. 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
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7. 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
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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.

8. 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.
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9. 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   
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10. 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
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11. 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
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12. 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
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*List of requirements and copies of forms are available in the ACEF website/
LBP Lending Centers/ DA Regional Offices

13. Thank you.
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