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DUMAGUETE City: The Provincial Agriculturist Office in Negros
Oriental is urging farmers to avail themselves of a loan scheme
offered by the Land Bank of the Philippines to bolster food security
in the country, reported the Philippine News Agency.
Provincial Agriculturist Gregorio Paltinca met
with the different area and district coordinators recently to
discuss the LandBank program “Magtanim, Magbayad at Manalo.”
Under the program, farmers’ associations and
qualified groups registered with the Securities and Exchange
Commission, the Cooperative Development Authority, the Department of
Labor and Employment and other similar agencies, can qualify for the
loan.
Land Bank has set aside P5 billion for rice
production under the program, which points to the Provincial
Agriculturist Office as a conduit between the bank and the
borrowers.
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