1. Individual Sugarcane Farmer (ISF)
   - Including Block Farm members duly endorsed by the Block
Farm
   - With farm area of not more than ten (10) hectares
2. Block Farm
   - Composed of consolidated small farms with an area of
not more than five (5) hectares and managed as one (1)
larger farm with a minimum contiguous area of 30 hectares
within a 2-km. radius distance between the perimeters of
neighboring farms.
3. Credit Conduit
   - Association/Cooperative authorized by the SRA and LBP
4. Common Service Centers
   - Sole Proprietor, Partnership, Corporation
   - Cooperative/Association/NGO with legal personality to
borrow

▪ Up to 90% of the total project cost/financing
requirements

1. Individual Sugarcane Farmer (ISF)/Block Farm
   - Sugarcane Production
2. Credit Conduit
   - Relending to ISF/Rediscounting
3. Common Service Centers
   - Assets Acquisition (farm machinery/equipment, tractor and
implements, harvesters/cutters, loaders, irrigation, hauling
trucks, etc.) for farm mechanization and hauling services)
   - Equipment shed/Motor Pool/Garage Construction

1. Block Farms and Individual Farmers - Fixed at 2% p.a.

2. Credit Conduit - 0% with pass-on rate of 6% p.a.

3. Common Service Centers - Fixed at 5.5% per annum

For Individual Sugarcane Farmers:
Any or a combination of the following:
▪ Assignment of sugar quedans on net planter’s share with mill conformity
▪ Assignment of sales proceeds of sugarcane (for borrowers with no quedan)
▪ Assignment of credit enhancement instruments such as PCIC, Credit Surety Fund (CSF), and other similar
instruments, whichever is/are applicable

For Common Service Centers:
▪ Any asset acceptable to the Bank i.e. Real Estate Mortgage, Chattel Mortgage, guarantee cover, etc.

A credit program being implemented by LANDBANK and the SRA, the Sugarcane Industry Development Act (SIDA) of 2015 (Republic Act No. 10659), aims to promote and support productivity improvement programs to boost the production of sugarcane and increase the incomes of sugarcane farmers, planters, and farm workers.

The program aims to: 

• Introduce better and cost-efficient sugarcane farming practices
• Improve farm productivity
• Improve access of farmers to LANDBANK loans
• Increase income of farmers

• Individual Sugarcane Farmers registered with the SRA

• SRA-Accredited Block Farms

• Credit Conduits with sugarcane farmers as member

• Common Service Centers accredited by SRA Farm Mechanization Program Committee/ TWG

• Individual and Block Farm - Sugarcane Production

• Credit Conduit

- Relending to individual sugarcane farmer-members registered with and endorsed by the SRA (farm area of up to 5 hectares) for the purchase of farm inputs (materials and labor)

- Rediscounting of existing production loan of individual sugarcane farmer-members

• Common Service Centers

- Assets Acquisition (e.g., farm machinery/ equipment, tractor & implements, harvesters/cutters, loaders, irrigation, hauling trucks, etc.) for farm mechanization and hauling services

-  Equipment Shed/ Motor Pool/Garage Construction

• Individual and Block Farms - Fixed at 2% p.a.

• Credit Conduits - Zero (0)% % p.a., provided the effective pass-on rate to sub-borrowers is up to 6% p.a.

• Common Service Centers - Fixed at 5.5% per annum

Up to 90% for Production Loan, Fixed Asset Acquisition, Relending and Rediscounting