The DBP AgriNegosyo Loan Program is designed to provide essential financial support, aimed at boosting local agri-fishery activities, while contributing to the overall growth of this critical sector.
Eligible Borrowers
Micro and small enterprises, farmers and fisherfolks endorsed by the Provincial LGU and who passed the evaluation of DBP.
Eligible Loan Purpose
To finance any or a combination of the following loan purposes related to agri-business:
- Invoice Financing
- Purchase Order Financing
- Permanent Working Capital, including inputs provision
- Purchase of equipment and/or fixed assets, farm animals such as but not limited to cow, carabao, horse
- IT-related expenses (subscription, software, etc.)
- Expansion of existing business
Loan Amount
- For Individual farmer
- Minimum of P100,000 up to P500,000
- For farmer-enterprise
- Minimum of P500,000 up to P5,000,000
Loan Tenor
Maximum of 5 years
Interest Rate
No interest
Service Fee
Service fee of 3.50% per annum fixed for the entire term of the loan, based on outstanding principal balance
Mode of Payment
Monthly, Quarterly, or Semi-Annually
Loan Security/Conditions
Loans shall be secured by any or a combination of the following:
- Unregistered mortgage on project assets
- Assignment of crop insurance proceeds, if applicable
- Deed of Assignment of Receivables of at least 125% coverage
- Other collaterals/security acceptable to the Bank under existing policies
Documentary Requirements
Pre-Approval:
- Accomplished Loan Application Forms (including Data Privacy Notice and Property Appraisal and Credit Investigation Authority Forms)
- Endorsement Letter from the Provincial LGU
- Proof of registration with RSBSA
- A copy each of the following:
- Certificate of Registration from the DTI/ SEC
- Articles of Cooperation and By-Laws (for cooperatives)
- Photocopy of valid government-issued ID;
- Audited Financial Statements for the last year or interim Financial Statements
- Current year’s Business Permit
Pre-Release:
- Proof of opening of DBP deposit account
- Continuing Authority to Debit for DBP
- Other required securities and/or collaterals
For loan application, you may contact the lending units near you:
Metro Manila Lending Groups
Corporate Banking Group
Tel. Nos.: (02) 8812-6536
E-mail: cbg@dbp.ph
Corporate Banking I Department
Tel. Nos.: (02) 8893-8940
E-mail: cbd1@dbp.ph
Corporate Banking II Department
Tel. Nos.: (02) 8892-8369
E-mail: cbd2@dbp.ph
Financial Institutions Department
Tel. Nos.: (02) 8818-9511 loc. 3317
E-mail: fid@dbp.ph
Public Sector Department
Tel. Nos.: (02) 8815-0908
E-mail: psd@dbp.ph
SME Retail and Mid-Market Lending Group
Tel. Nos.: (02) 8893-1177
E-mail: smermmlg@dbp.ph
Middle Market I Department
Tel. Nos.: (02) 8818-9511 loc. 3322
E-mail: mmd1@dbp.ph
Middle Market Il Department
Tel. Nos.: (02) 8818-9511 loc. 3313
E-mail: mmd2@dbp.ph
SME (NCR) Department
Tel. Nos.: (02) 8812-9932
E-mail: smed@dbp.ph
Provincial Lending Groups
Kindly proceed to this link.