ILOILO CITY – The Department of Agriculture (DA) introduced a new program granting agriculture graduates loans to develop their farming project and innovations.
“We will encourage young students, graduating from college, to go back to the farms and use the technologies and knowledge that they learned,” said DA secretary Emmanuel Piñol.
According to the agri chief, the plan was finalized during the National Management Committee meeting held in Nueva Valencia, Guimaras on April 24.
“For them to go back, we will extend loans to them—production and equipment loans—and the things that they need to develop the farms of their parents,” Piñol said.
He added that the loan will only have two percent interest and is payable in eight years.
Three agricultural engineering graduates of Capiz State University Pontevedra Campus will be the first beneficiaries of DA’s latest loaning program under Agricultural Credit Policy Council (ACPC).
Piñol noted under the program, new graduates could avail themselves of loans from ACPC for farm production, equipment purchase and agri-entrepreneurship. (With a report from Department of Agriculture Western Visayas/PN)
Sana sir secretary kahit employed na basta agri grad sana maka avail din po..need po namin sa aming mga farms.😀😀