DA extends interest-free loan to Mayon farmers - News Summed Up

DA extends interest-free loan to Mayon farmers


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. 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. Resuming farmingRoque said a farmer could use P5,000 from his loan to cover his daily needs. 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.


Source: Philippine Daily Inquirer March 19, 2018 21:25 UTC



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