DA to provide loans to typhoon victims in Ilocos
Agriculture Secretary William Dar said the Department of Agriculture (DA) will provide loans to Ilocos farmers who were affected by Typhoon Ineng. From Secretary William Dar
“With Ilocos Norte having been declared under State of Calamity due to Typhoon Ineng, we are ready to provide emergency financial assistance under SURE [Survival and Recovery] program,” Dar said.
“We have funds available [for this],” Dar further said.
To be implemented by Agricultural Credit Policy Council (ACPC), an attached agency of the DA, SURE program provides P25,000 loan to farmers with zero-interest and payable up to 3 years.
The DA-ACPC will disburse thru Nueva Segovia Cooperative, Dar further said.