ver and get out of the doldrums.
“I encourage everyone, if you want to get into agriculture, you don’t have to worry about your working capital because we have programs that can provide loans at very easy terms, zero interest, no collateral, and five to 10 years to pay depending on your project cycle,” Badiola said. Small farmers and fisherfolks whose incomes were adversely affected by community quarantine restrictions may avail of the SURE COVID-19 loan program that aims to finance their emergency and production requirements.
As of April 22, more than 82,100 farmers and fisherfolks as well as 156 entrepreneurs have been granted loans. A total of P2.058 billion have been released to farmers and fisherfolk while P839.5 million were released to entrepreneur borrowers.
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