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'Gotchu fam': DA prods youth to engage in agri-biz with grant program


Published April 21, 2021, 8:15 PM
Venture into agriculture and you will instantly be provided with financial support, the Department of Agriculture (DA) told young Filipinos as it encouraged them to take this “leap of faith”.
Through the “Kabataang Agribiz Grant Assistance Program,” the agency aims to provide the youth with financial aid to support them in establishing enterprises focused on crop and livestock production, fisheries, trading, processing, integrated farming, and agricultural technology, among others.
The Kabataang Agribiz intends to convince the younger generation that agricultural development and food production-related endeavors are a worth a try.
Agriculture Secretary William Dar said the new program seeks to make agriculture attractive to the youth. ....

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DA offers Metro Manila meat vendors zero-interest loans


(Keith Bacongco / FILE PHOTO / MANILA BULLETIN)
Agriculture Secretary William Dar said Monday, February 8, that they will extend zero-interest loans as operating capital to market vendors’ associations in the National Capital Region (NCR).
“This will enable them to buy pork carcasses directly from hog raisers and major agricultural commodities from farmers’ cooperatives and associations (FCAs), and sell these at reasonable prices to consumers in Metro Manila,” Dar said.
“We are initiating this market vendors’ financing program to institutionalize mutual partnership between them and FCAs, and create a ‘win-win’ situation benefiting producers, retailers and consumers alike,” he added.
Under the financing program, which will be administered by the DA’s Agricultural Credit and Policy Council (ACPC), market vendors’ associations may avail of up to P5 million as working capital at zero-interest and payable in three to five years. ....

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