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DBP Rehabilitation Program for Agriculture and Industry Responsiveness (DBP REPAIR)

The DBP Rehabilitation Program for Agriculture and Industry Responsiveness (DBP REPAIR) aims to support the government’s efforts to rebuild calamity-affected areas while being true to the Bank’s directions as the country’s premiere infrastructure bank. It aims to rehabilitate DBP and non-DBP financed projects that were adveresely affected by calamities and/or events arising from the occurence of such calamities.

Eligible Borrowers

    • For Wholesale Lending
      • Banks including commercial banks, thrift banks, rural banks, cooperative banks, and microfinance institutions lending to smallholder farmers and fisherfolks and micro and small enterprises
      • Non-banks including NGOs, irrigator’s associations, SEC-registered financing companies, agricultural cooperatives, farmer/fisherfolks’ asociations, corporate farmers, other type of associations/organizations duly registered with the corresponding government agencies
    • For Retail Lending
      • Businesses duly registered with SEC, DTI, DOLE, CDA
      • LGUs

Eligible Projects

Projects located in areas affected by calamities and/or force majeure events as determined by the appropriate authorities (i.e. President of the Philippines, NDRRMC, concerned LGUs). Projects include but are not limited to agricultural projects like crops production, livestock, aquaculture, and micro, small, and medium enterprise (MSME) projects.

Loan Amount

Minimum equity of 5%, but may be dispensed with on a case to case basis

LOAN FACILITY REVOLVING PROMISSORY NOTE LINE TERM LOAN
TERM For credit line, based on cash conversion cycle, up to 360 days, renewable annually Up to five (5) years with a maximum grace period of 2 years on principal repayment

Interest

For bunk funds, 7% per annum fixed for 5 years, inclusive of GRT

Documentary Requirements

    • DBP Application Form
    • Audited FS submitted to BIR or copy of the bank statements for the past 6 months Certified by the Borrower, whichever is applicable
    • Business permits (mayor’s permit and barangay permit)
    • Proof of billing (business address)
    • Copies of two (2) government-issued IDs with picture
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