STATUS OF AGRIAGRA LOANS

1
LBP's COOPERATIVE FINANCING PROGRAM
2
ELIGIBLE BORROWERS

• 1. Agricultural Cooperatives composed of
  majority of
• Small Farmers
• Owner cultivators, tenants, leaseholders, etc.
  who are actually tilling not more than five (5)
  hectares of agricultural land
• Small Fisherfolks
• Those who either own or operate not more than 3
  gross tons of fishing boat paraphernalia an/or
  whose fishing activities or operations are within
  a 25 km radius from the shoreline
• Owners/operators of not more than five (5)
  hectares including those under Fishpond Lease
  Agreement and
• Workers of fishing boats and fishponds

3
ELIGIBLE BORROWERS

• Continuation
• Small Hog/poultry/livestock raisers
• With initial maximum inventory of
• Poultry - 1,000 layers/broilers
• Swine - 10 sow level or 20 fatteners
• Cattle - 10 fatteners or 5 breeders
• Dairy - 10 milking cows
• Goat - 50 heads
• Wives and children of age of small
  farmers/fisherfolks/raisers who are members of
  cooperatives
• 2. Non-farmers Credit Cooperatives composed of
  market vendors, employees, teachers, rural
  workers, etc.

4
ELIGIBILITY REQUIREMENTS
5
ELIGIBILITY REQUIREMENTS
6
ELIGIBLE PROJECTS

• Agricultural Production
• Agri Business/Processing
• Manufacturing
• Trading
• Services
• Other Developmental Projects

7
INTEREST RATE
8
REPAYMENT PERIOD

• Based on crop cycle and/or project cash flow but
  not to exceed economic useful life of the project

9
COLLATERAL REQUIREMENTS

• Any or a combination of the following (depending
  on the project/s financed)
• Deed of Assignment (DA) of Produce
• DA of sub-borrowers promissory notes
• Real Estate Mortgage
• Chattel Mortgage
• DA of PCIC Insurance/Guarantee Coverage
• Others Hold-outs, Guarantee Coverage, Joint
  Several
• Signatures of coops key officers

10
EVALUATION PARAMETERS
11
EVALUATION PARAMETERS
12
DOCUMENTARY REQUIREMENTS

• Certified true copy of the Certificate of
  Registration with Articles of Cooperation and
  By-Laws
• Information Sheets of the Board Directors
  Officers
• Coop Board Resolution to Borrow and designating
  at least two (2) officers to negotiate and sign
  documents with their specimen signatures and
  pictures
• Audited Financial Statements (FS) for the last
  three (3) years or interim FS for new coops plus
  interim FS at the time of application

13
Mango Production