The application of 17 Albayano rural women farmers jn the AgriPinay loan program of the Department of Agriculture through the Agricultural Credit Policy Council (ACPC) has been granted and the Albay Provincial Agricultural Office immediately assisted the release of the agri loan last December 20, 2021.
In the Financial Assistance for Women in Agriculture or AgriPinay Program, rural women beneficiaries may avail of uncollateralized and zero-interest loans that is payable in five (5) years. Its main goal is to finance the capital requirements of the agri-women for starting their business or to sustain their existing agri or fishery enterprises.
The AgriPinay program was launched to address the loss of income and livelihood due to the OVID-19 pandemic, intensify gender equality in agribusiness, and promote women empowerment in the field of agriculture and fisheries.
All the beneficiaries in behalf of the rural women of Albay expressed their heartfelt gratitude for all the support that the APAO family, DA, and most especially Gov. Al Francis Bichara continuously extend towards them.