
Poultry and Livestock Value Ch…
Poultry and Livestock Value Chain (PLVC) Lending Program

The Program aims to help secure the country’s food security particularly on the supply of poultry, livestock and dairy products via comprehensive lending support in terms of production, processing, packaging, transport, storage and marketing activities of the sector and contribute to the overall efforts of increasing farm productivity, generating employment and increased rural household income.
PLVC Lending Program
Program Coverage
Nationwide
Fund Management Source
LANDBANK-funded
Eligible Borrowers
▪ Farmers’ Cooperatives/Associations (FCAs) and
their Federation
▪ Micro, Small and Medium Enterprises (MSMEs)
▪ Large Agri-business Entities (LAEs)/Corporations
▪ Non-Governmental Organization with legal personality to
borrow
▪ Countryside Financial Institutions
▪ Veterinary/Animal Husbandry Graduates or graduates of any
related course or Certificate of at least two (2) years training
Loanable Amount
▪ For Production (in case with tie-up with integrator, project cost shall
be net of the materials, inputs and services provided by integrator)
▪ Up to 80% of the total project cost for production loan
▪ For working capital: within computed working capital requirement
▪ For Fixed Assets: not more 80% of the validated
acquisition/construction cost
▪ For land acquisition: Up to 80% of appraised value
▪ Rediscounting – up to 90% of current OS of the sub PN being
rediscounted
Loan Purpose
▪ Land acquisition as project site
▪ Site development
▪ Building construction/retrofitting
▪ Purchase and installation of machineries and equipment
▪ Long-term lease of production facility
▪ Forage/Silage Production
▪ Purchase of production inputs
▪ Construction of Wholesale Markets/Bagsakan Centers
▪ Working Capital/Permanent Working Capital
▪ Relending/Rediscounting
▪ Receivables Financing
▪ Technology Adoption
Documentary Requirements
For all types of borrowers
● Loan Application
● Project Proposal/Business Plan
● Mayor’s Permit
● Water Permit from the National Water Resources Board
● For Production Loan:
● Farm Plan and Budget
● Certification or any similar document that borrower has undergone training on poultry, swine, livestock
breeding/rearing/biosecurity/dairy production
● For land acquisition
● Title
● Tax Declaration
● RETR and Clearance
● Location Map/Vicinity Map
● For Construction/Repairs and Renovation: Cost Estimates/Building Plan and Specification/Bill of Materials and Work
Program/Building Permit
● For Acquisition of Machinery/Equipment: Price Quotation with specifications of Machinery/Equipment to be acquired
● For Existing Business:
● BIR-filed Audited Financial Statement for the past three (3) years
● Latest Interim Financial Statements
Additional requirements for the following types of borrowers
For Single Proprietorship – Certificate of Registration from DTI
For Association/Corporation/NGO:
● Certificate of Registration from CDA/SEC
● Certified Copy of Articles of Cooperation/ Incorporation and By-laws
● Certified list of Board of Directors and Key Officers (Manager or President, Treasurer/ Cashier and Bookkeeper) together with
their Bio-data and TIN
● Board Resolution authorizing the cooperative/ association/corporation to borrow, mortgage properties including the object of
financing and designating at least 2 officers to negotiate and sign loan document
For Cooperatives:
● Certificate of Registration from CDA
● Certified Copy of Articles of Cooperation/ Incorporation and By-laws
● Certified list of Board of Directors and Key Officers (Manager or President, Treasurer/ Cashier and Bookkeeper) together with
their Bio-data and TIN
● Board Resolution authorizing the cooperative/ association/corporation to borrow, mortgage properties including the object of
financing and designating at least 2 officers to negotiate and sign loan document
● CDA Certificate of Compliance (COC)
● BIR Certificate of Tax Exemption (CTE), if any
FAQ
What is PLVC Lending Program?
PLVC Lending Program are financing initiatives aimed at supporting the entire value chain of poultry, swine (hog), and related livestock sectors. The objectives of the program aims to help secure the country's food security particularly on the supply of poultry, livestock and dairy products via comprehensive lending support in terms of production, processing, packaging, transport, storage and marketing activities of the sector, contribute to the overall efforts of increasing farm productivity, generating employment and increased rural household income, and expand the portfolio of the Bank in the poultry and livestock sector
Who can avail of the program?
The following are the eligible borrowers under the program:
-
Farmers’ Cooperatives and Associations (FCAs) and their Federation
Micro, Small and Medium Enterprises (MSMEs), i.e., Sole Proprietorship, Partnership, and Corporation
-
Large Agri-business Enterprises and Corporations
-
Non-Governmental Organization with legal personality to borrow
-
Countryside Financial Institutions i.e., Rural Banks, Cooperative Banks and Thrift Banks
-
Veterinary/Animal Husbandry Graduates or graduates of any related course
What are the eligibility requirements for borrowers?
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For all type of Borrowers, they must pass the Bank’s established Risk Asset Acceptance Criteria (RAAC) for each type of borrower. RAAC for Cooperatives shall be adopted for Farmers’ Associations
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For poultry and swine, with a farm site suitable for the project as inspected and cleared by an integrator or validated by Lending Unit (LU) with the following standard features:
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Minimum of one (1) hectare
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Must be within an agricultural/agro-industrial zone
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At least one (1) km away from residential area and any nearest poultry/hog farms and related operation
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With access to dressing plant and/or slaughterhouse operated/contracted by the Integrator, LGU and other private operators
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With reliable source of electricity and adequate potable water
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With all-weather roads that can accommodate 10-wheeler trucks for feed deliveries and hauling of harvests
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Duly registered with the Department of Trade and Industry, Securities and Exchange Commission or the Cooperative Development Authority, as applicable
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Borrower should have an identified buyer or ready market
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For start-up, borrower must be tied-up with an Integrator with contract duration preferably not less than the term of the loan. If no Integrator is operating within the locality, proponent must have experience and/or training relevant to the project.
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For FCAs, at least 20% of their members must be registered with Registry System for Basic Sectors in Agriculture (RSBSA), and member-borrowers (or backyard raisers participating in the clustered poultry/piggery/cattle farm) should be those RSBSA-listed.
What loan purposes can be funded under the program?
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Land acquisition as project site
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Site development to include construction of perimeter fence and road network inside the farm, pasture/ranging area, canals with cross drain, wastewater treatment
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Building construction/retrofitting to include:
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Poultry/Piggery/Cattle production buildings (sheds/stalls, climate controlled/conventional) and other related structures/ facilities (Farm Office, Staff House, Guard House, Warehouse, Storage Room, Biosecurity Building/Room and utilities
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Structures for feed mill, hatchery, dressing plant, processing plants, cold chain facilities, etc.
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Biogas system and Lagoon
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Other building/facility construction purposes related to poultry and livestock business
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Purchase and installation of machineries and equipment to include:
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Poultry: tunnel ventilation system, plastic slats, automated/manual feeding & drinking equipment, brooder, breeders’ nests, laying cages, egg sorting machine, egg trays & crates, and generator set.
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Swine: Ventilation/heating system, slats, feed delivery system, drinking equipment, gestation/farrowing equipment, generator with automatic transfer switch
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Cattle: feeding and drinking equipment, guards, crates, chutes, etc.
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Dairy: Milk processing equipment
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Cold chain equipment, refrigerated delivery vehicle
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Equipment needed for feed mill, hatchery, dressing/processing plant and other allied businesses
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Long-term lease of production facility (applicable to veterinary/animal husbandry graduates and to those with government-sponsored training)
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Forage/Silage Production
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Purchase of production inputs (except as provided for by the Integrator/Contract Buyer if under Contract Growing Agreement), including acquisition/importation of livestock, dairy herd, semen, breeding animals, hatching eggs, etc.
-
Construction of Wholesale Markets/Bagsakan Centers
-
Working Capital/Permanent Working Capital
-
Relending/Rediscounting
-
Receivables Financing
-
Technology Adoption
How much is the interest rate?
The interest rate is based on LANBANK prevailing lending rate at the time of availment