Alicante farmers brief on credit program

Small farmers in Barangay Alicante, E.B. Magalona gather for an orientation on Sida Socialized Credit Program (Contributed Photo)
Small farmers in Barangay Alicante, E.B. Magalona gather for an orientation on Sida Socialized Credit Program (Contributed Photo)

SMALL sugarcane farmers who are Certificate of Land Ownership Award (CLOA) holders and small landowners in Barangay Alicante in E.B. Magalona were recently introduced to the Sugarcane Industry Development Act (SIDA) Block Farming Socialized Credit Program.

The orientation was facilitated by the district office of Third District Representative Alfredo Benitez and conducted by its SIDA Block Farm Project point person Joemel Magno.

The 50 participants will now have access to loans from the Sugar Regulatory Administration as the lead agency for the implementation of the Socialized Credit Program under the SIDA Law. The Land Bank of the Philippines is the identified financial institution that will support the program. (PR)

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