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Antique seeks rural credit for marginalized farmers

RURAL CREDIT. Antique Provincial Board Member Rony Molina sponsors a resolution seeking rural credit to marginalized farmers and fisherfolk in Antique during the Provincial Board's second regular session on Monday (Jan. 16, 2023). Molina said farmers and fishermen in Antique hardly avail of bank loans because they lack the required collateral. (PNA photo by Annabel Consuelo J. Petinglay) SAN JOSE DE BUENAVISTA, Antique - The Antique provincial board on Monday approved a resolution seeking rural credit grants to marginalized farmers and fisherfolk to enhance productivity. The board would seek the support of the Department of Agriculture's Agricultural Support Service Unit (DA-ASSU) to provide rural credit to marginalized farmers and fishermen in the province of Antique, who are getting a hard time availing loans from the banks as they require collateral. "The farmers and fisherfolks, because of their lack of the required collateral could not be given priority in a bank cred ....

Rony Molina , Department Of Agriculture Agricultural Support Service Unit , Agricultural Support Service Unit , Rural Credit Law , Rural Credit Antique Provincial Board Member Rony Molina Sponsorsa Resolution Seeking To Marginalized Farmers And Fisherfolk In During The 39s Second Regular Session On Monday Jan 16 , 023 Molina Said Farmers And Fishermen In Antique Hardly Avail Of Bank Loans Because They Lack The Required Collateral Pna Photo By Annabel Consueloj Petinglay San Jose De Buenavista , Ntique The Antique Provincial Board On Monday Approveda Resolution Seeking Rural Credit Grants To Marginalized Farmers And Fisherfolk Enhance Productivity Would Seek Support Of Department Agriculture 39s Agricultural Service Unit Da Assu Provide Fishermen In Province , Ho Are Gettinga Hard Time Availing Loans From The Banks As They Require Collateral Quot Farmers And Fisherfolks , Ecause Of Their Lack The Required Collateral Could Not Be Given Priority Ina Bank Credit Facility And So If Da Assu Providea Rural Then It Would Bea Big Help For Them , Uot Board Member Rony Molina , Ho Sponsored The Resolution , Aid Under The Rural Credit Law , Ll Banking Institutions , Hether Government Or Private , Re Mandated To Set Aside At Least 25 Percent Of Their Total Loanable Funds For Agriculture And Fisheries In General 10 The Shall Be Made Available Agrarian Reform But Case Many Antiqueno Farmers Fisherfolk , Molina Said , Hey Are Usually Being Left Out Or Havea Hard Time Availing Of Loans From The Banks Because Required Collateral Thus , He Need For Rural Credit Which Da Could Provide To The Farmers And Fisherfolk As Their Capital Alternative Enhance Improve Production Also Underscored Because Growth Period Between Sowing Crops Gaining Income From Agricultural Produce , Nd Recovery Takesa Long Time The Credit Can Be Used To Buy Their Needed Machinery , Ertilizers And Pesticides , R For Fishing Gears , R As Capital For Small Sari Stores Quot The Reason Why Fisher Folks Are Forced To Still Venture Out Sea Despite Inclement Weather Since They Have No Money Sustain Their Families , Uot The Official Said Molina Also They Would Seek Da Support To Provide Farmers And Fishermen Quot Cropping Knowledge Skills Increase Productivity Give Better Access Market Information , Gricultural Support Service , Ncluding Rural Credit Services To Help The Agricultural Sectors In Country Pna ,