CEBUANO farmers and fisherfolk get another opportunity to bring their livelihoods back, even expand their businesses further, now that the Capitol’s Enhanced Countryside Development (ECD) Program will finally roll out in the entire Province.
The Cebu Provincial Government, represented by Gov. Gwendolyn Garcia, signed a memorandum of agreement with three government banks Friday, March 5, 2021 in Pinamungajan town for the program’s implementation.
Through the ECD, farmers and fisherfolk will be provided with funds for their needed capital to restart or improve their businesses.
The funds will be given through a loan program with reasonable interest rates and payback terms from the Landbank of the Philippines (LBP), Development Bank of the Philippines (DBP), and Philippine Veterans Bank (PVB).
Businesses include farming corn, cassava and other crops; raising native pigs, mud crabs, bangus and others; as well as food processing and manufacturing squash noodles, banana chips, cassava chips and more.