August 15, 2023


Agricultural and Fisheries (AFFP) Financing Program


Pursuant to the 2013 General Appropriations Act,  P1.0 billion shall be used to implement a flexible credit facility for small farmers and fisherfolk who are registered in the Registry System for Basic Sectors in Agriculture (RSBSA), which is intended to serve as an alternative to the rigid and stringent credit facilities usually provided by banks. The funds will be channeled through Government Financial Institutions (GFIs) and cooperative banks. Of the P1.0 billion, P 550 million shall be administered by LANDBANK.


  • Help increase the productive capacity of small farming and fishing households in the priority provinces, raise their income, and contribute to the attainment of food self-sufficiency.
  • To increase access of small farming and fishing households in the priority provinces to sustainable credit.
  • To broaden agricultural credit delivery system in the countryside particularly in geographic areas underserved by formal financing institutions.


  • Six (6) provinces namely: Abra, Apayao, Ifugao, Kalinga, Masbate, Romblon and other provinces which may be agreed upon with PCFC.

Eligible Borrowers: Non-ARB Small Farmers and Small Fisherfolk (NASFSF).

Eligibility Criteria

For Service Conduits:

  • With juridical personality (duly registered). For those that are not yet registered, registration documents shall be required as post-release requirement;
  • Farmers’ Associations or Cooperatives with members who are farmers/fisherfolk;
  • Operating within the target provinces.


  • Registered in the Registry System for Basic Sectors in Agriculture (RSBSA);
  • Non-Agrarian Reform Beneficiaries;
  • Have no outstanding loan with any financing institution for the same project being applied for; and
  • With project/s (existing/proposed) whose income after all expenses will be enough to pay the loan amortizations.

Basic Policies

Available Credit Facility:

  • Short Term Loan Line
  • Term Loan


  • To finance the production costs of corn, high value crops, livestock/ poultry and fish production as well as the costs of processing and trading them.
  • To finance the acquisition of tools, equipment and machineries needed in producing/growing, processing and trading of crops, livestock/ poultry and fish.

Maximum Loanable Amount: Up to 80% of the total project cost but not to exceed 300,000 per borrower.

Interest Rate: Special Rate.

Repayment Term: Based on cash flow of the project which can be quarterly, semi-annually or annually.


  • Deed of Assignment of Promissory Notes.
  • Deed of Assignment of crop insurance proceeds.
  • Chattel mortgage on object of financing.

Other Features

  • The Service Conduit shall provide administrative support to the NASFSF.
  • The NASFSF shall be entitled to a special deposit product.

Assistance to Agrarian Reform Beneficiaries (ARBs)

LANDBANK, in keeping with its social mandate to provide support to landowners as well as the ARBs, also handles the following services:

  • Moratorium/Reduction in Land Amortization of  Agrarian Reform Receivable (ARR) accounts;
  • Real Estate Development Planning;
  • Land Amortization Recovery thru Automated Collection of Land Amortizations;
  • Issuance of Certificate of Full Payment and Release of Real Estate Mortgage to ARBs

Agrarian Production Credit Program (APCP)

Rationale: The Agrarian Production Credit Program was developed pursuant to the CARPER Law in partnership with the Department of Agriculture (DA) and Department of Agrarian Reform (DAR).

Coverage: Nationwide

Eligible Borrowers

  • Cooperatives
  • Farmers Organizations
  • Rural Banks

Basic Policies 

Available Credit Facility

  1. Short Term Loan Line
  2. Term Loan


  • To finance the farm inputs in growing crops.
  • Working capital for agri-enterprise and livelihood projects.
  • To purchase tools, equipment and machineries.

Availability: Via 180-day Promissory Notes (PN) or depending on the term of the loan.

Interest Rate: Special Rate.

Repayment Term: Based on crop cycle or cash flow.


  • Assignment of Promissory Notes plus underlying collaterals.
  • Assignment of Crop Insurance.
  • Chattel Mortgage on Object of Financing.

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