Wednesday, September 19, 2018
Close  
  • share this
RECOVERY ASSISTANCE

DA extends interest-free loan to Mayon farmers

/ 05:15 AM March 20, 2018

In this photo taken in February, farmer Floreña Miña, 66, returns to her village of Bonga in Legazpi City to harvest vegetables to feed her family. —MARK ALVIC ESPLANA

NABUA, Camarines Sur — Farmers whose farms were damaged by ashfall from Mayon volcano or whose livelihood had been disrupted after they left their communities can now avail of an interest-free loan of P25,000 from the government, presidential spokesperson Harry Roque said here on Monday.

The loan is under the Survival and Recovery Assistance Program of the Department of Agriculture (DA) and will benefit farmers in Albay province.

ADVERTISEMENT

Duterte visit

Roque said the assistance was promised by President Rodrigo Duterte when he visited Albay in January.

FEATURED STORIES

The President, during that visit, was briefed about the situation of thousands of evacuees who were asked to leave their villages in danger zones around Mt. Mayon after the volcano started spewing out ash and lava in mid-January.

Che Rebeta, Albay provincial agriculturist, said losses in agriculture reached P185 million, with the towns of Guinobatan and Camalig, and Ligao City posting the highest crop damage.

Rebeta said some 60,000 farmers were affected after Mayon showed signs of unrest starting Jan. 13 when the Philippine Institute of Volcanology and Seismology raised the alert level to 3, causing thousands of residents living within the 6-kilometer permanent danger zone and the 7- to 9-km extended danger zones to flee and stay in evacuation centers for two months.

Resuming farming

Roque said a farmer could use P5,000 from his loan to cover his daily needs. The remaining P20,000 will be released when the farmer returns to his community to resume farming.

He said local governments, through city and municipal agriculture officers, would be asked to submit to the DA a list of affected farmers in their areas who could qualify for the loan. The DA, in turn, will endorse the list to the Credit Policy Council, which will determine the amount to be released to the conduit bank or cooperative. —REPORTS FROM JUAN ESCANDOR JR. AND MICHAEL B. JAUCIAN

ADVERTISEMENT
Read Next
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Department of Agriculture, Mayon eruption, Mayon farmers, Mount Mayon, Rodrigo Duterte, Survival and Recovery Assistance Program
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2018 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.