As a commitment of Agriculture Secretary William Dar to provide loan assistance to small rice farmers, simultaneous releasing of Cash Cards under the Survival and Recovery Assistance (SURE) Aid Program was done in North Cotabato on November 20.

The SURE Aid program provides rice farmers who are tilling one hectare of land and below amounting to Php 15,000 payable up to eight years.

More than 640 rice farmer-borrowers from the towns of Libungan, Magpet and President Roxas availed of the said loaning program.

The terms of the loan program, a partnership between the DA-Agricultural and Credit Policy Council and the Land Bank of the Philippines, include zero interest, no collateral, payable in eight years, and with minimal requirements through a simplified application process.

Mila Casis
Tata Boloron
Isaac Bangcaya