W. Visayas to get P300-M loan facility for hog growers

W. Visayas to get P300-M loan facility for hog growers

ILOILO CITY – Western Visayas is among the four regions that qualify for the PHP300 million Agri-Negosyo (ANYO) Program and Calibrated Swine Repopulation for Green Zones of the Agricultural Credit Policy Council (ACPC) of the Department of Agriculture (DA).

Glen Mariano, program coordinator of the regional livestock program in a virtual presser on Tuesday, said Western Visayas is a priority because it is under the green zone or has no cases of African swine fever (ASF).

“The focus is more on the support to green zones for repopulation and strengthening of our hog industry in Western Visayas,” he said.

Agriculture Regional Executive Director Remelyn Recoter said aside from Western Visayas, other regions that qualify are Region 4B or Mimaropa, Region 7 or Central Visayas, and Region 9 or the Zamboanga Peninsula.

Under the program, hog raisers can get a loan for a minimum of PHP300,000 and a maximum of PHP15 million depending on if they are backyard or commercial raisers.

It will be channeled through the lending conduits of the Agricultural Credit Policy Council, with zero interest and with a five-year maturity depending on the cash flow, she said.

“The eligibility is more on purpose of production, processing and marketing specifically for our partners, corporations, individuals, sole proprietorship and backyard raisers,” Recoter said.

Since it was only launched last week, a series of orientations will be held on Sept. 16-17, 2021 for the specific requirements on how to access the loan program.

Dr. Jonic Natividad, head of the ASF Task Force, said backyard farmers who wish to avail of the loan program have to be registered with the Registry System for Basic Sectors in Agriculture (RSBSA).

They should also see to it that their stocks are insured with the Philippine Crop Insurance System because if anything happens, they will only be indemnified through the state crop insurer.

The hog inventory in Western Visayas as of July 1 this year showed that the region has 1,184, 805 heads; 89 percent are raised in the backyard and 11 percent are commercial. (PNA)

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