State-run Land Bank of the Philippines said Tuesday it has released P2.5 billion worth of credit assistance to rice farmers since 2019. In a news release, Landbank said that the amount was released through the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF). The ERCA-RCEF forms part of the RCEF, a P10 continue reading : Landbank says loans to rice farmers reach P2.5B
LandBank loans to rice farmers reach P2.2 billion
MANILA – State-owned Land Bank of the Philippines (LandBank) has released PHP2.2 billion loans to rice farmers from January to July this year through the Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF). In a statement on Sunday, LandBank said the amount was released to 13,701 rice farmers and cooperatives. Of the continue reading : LandBank loans to rice farmers reach P2.2 billion
Landbank provides P2.2B loans to over 13K rice farmers
State-run Land Bank of the Philippines (Landbank) has so far given P2.2 billion in loans to rice farmers in a bid to boost the country’s rice production. Through its Expanded Rice Credit Assistance under the Rice Competitiveness Enhancement Fund (ERCA-RCEF), the bank said it has provided loans to a total of 13,701 rice farmers and continue reading : Landbank provides P2.2B loans to over 13K rice farmers