Advisory EMV Migration. Read here.

x

Sustainable Agribusiness Financing Program (SAFP)


The SAFP is a credit assistance program for agribusiness projects engaged in the production, harvesting, processing, and marketing of crops, poultry, livestock, and fishery.

Eligible Projects

    • All agri-business projects including but not limited to the traditional crops, high value crops, organic crops – from production, post-harvest, processing to marketing or the whole value chain;
    • Poultry, livestock, fishery including cattle/goat dairy production, cattle breeding cum fattening, swine production, goat raising, fish production and harvest, processing to marketing of meat and other food production projects;
    • Investment in bio-fuel feedstock projects such as production of coconut, sugar, cassava, sweet sorghum, palm oil, etc., including post-harvest facilities, processing to marketing;
    • Production of organic products or the whole value chain; and
    • Manufacturing and distribution of farm machinery, equipment and supplies

    Eligible Borrowers

    Wholesale: (with at least one (1) year profitable operation)

    • Banks – Commercial Banks; Thrift Banks; Rural Banks; Cooperative Banks; and Microfinance Institutions
    • Non-Banks – Non-Government Organizations (NGO); Irrigators’ Associations (IA); SEC registered Financing Companies; Cooperatives; Farmer/Fisherfolk Associations; other types of assoc./org. duly registered with the corresponding government agencies

    Retail:

    • Duly registered with SEC, DTI, DOLE, CDA; and
    • Engaged in agri-business projects that will not pose risk to health, national security and the environment.
    • LGUs

    Loan Amount

    • Loan amount shall be up to maximum of 90% of the total project cost (TPC)
    • For Domestic Packing Credit, up to 80% value of PO

    Interest Rate

    Prevailing market rate

    • Term Loan – shall be based on the project cycle and projected cash flow as determined by DBP but not to exceed ten (10) years, inclusive of grace period. Progress and/or balloon payment on principal and interest may be allowed.
    • Credit Line – shall be based on the approved tenor/client’s cash conversion cycle but not more than 360 days.
    • Domestic Packing Credit – shall not exceed the expiry date of the PO.


    • Download brochure

    SAFP Sub-Program:
    Sustainable Agribusiness Financing Program for the Dairy Industry (SAFP-DAIRY)



    Program Managers
    Rallen O. Verdadero
    Head, Program Development Management II
    812-8088/818-9511 local 3327
    roverdadero@dbp.ph

    Gracely Lux G. Itum
    Head, Loan Program Development Unit – PDM II
    818-9511 local 2330
    glgitum@dbp.ph

    Miriam T. Fabian
    Loan Program Development Unit – PDM II
    812-80088/818-9511 local 2331
    mtfabian@dbp.ph

Close