Caraga InFocus – July 18-24, 2020

Page 44

DA releases P2.6-B loans under SURE aid program By Filane Mikee Cervantes

Agriculture Secretary William Dar

The Department of Agriculture (DA) has released more than PHP2.6 billion worth of loans under the Expanded SURE Aid and Recovery Project for micro and small enterprises (MSEs), and small, marginal farmers and fishers adversely affected by the quarantine measures due to the coronavirus disease 2019 (Covid-19) pandemic. During the third Pre-State of the Nation Address (Pre-SONA) forum on Wednesday, Agriculture Secretary William Dar said the agency, through the Agricultural Credit Policy Council

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(ACPC), has released to its partner lending conduits PHP1.12 billion in loans for eligible farmers and fishers and PHP1.5 billion for MSEs.


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