▪ Individual farmers and fisherfolk
▪ Micro and Small Enterprises (MSEs)
▪ Farmers and Fisherfolk Cooperatives and Associations
▪ Conduits

▪ Direct Lending
▪ 90% of TPC, or not to exceed ₱1M for (individual farmers), and ₱5M for coops, associations, and MSEs)
▪ On-Lending
▪ Rural Banks (RBs) and Cooperative Banks (CBs)
– Net borrowing capacity
▪ Farmers & Fisherfolk Cooperatives & Associations
– Up to ₱1M per member

▪ Purchase of farm inputs and equipment
▪ Acquisition/ establishment of machineries, equipment and facilities
▪ Purchase of raw materials/inputs
▪ Working capital necessary for the operation of the facilities and equipment to be acquired
▪ Relending to individual farmers and fisherfolk

▪ STL & TL
▪ Direct Lending – Two percent (2%) per annum (p.a.)
▪ On-Lending – Zero percent (0%) provided that pass-on rate to farmer and fisher members is not more that six percent (6%) p.a.

Production Loan:
▪ Security interest over insurance proceeds
▪ Security interest over expected produce

Acquisition of Fixed Assets
▪ Security interest over object of financing and/or over other hard collaterals
▪ Security interest over expected produce
▪ Security interest over insurance proceeds

Establishment of Facilities:
▪ Real Estate Mortgage (REM) on the land/project site (applicable only to establishment of facilities/buildings)

The Agricultural Competitiveness Enhancement (ACEF) Lending Program is a credit facility created under RA 8178 (Agricultural Tarrification Act), and amended by RA 10848 (ACEF Extension Act), which aims to increase the agricultural productivity of farmers and fishermen, as well as their cooperatives and associations, and micro and small enterprises, with financial assistance.

Under RA 10848, eighty percent (80%) of the total ACEF funds will be allocated annually until 2022, to provide needed assistance by lending to target beneficiaries.

All provinces are covered by ACEF, including those under BARMM.

• Individual farmers and fishers
• Micro and small enterprises
• Farmers and fishers cooperatives and associations

Individual farmers

• Actually tilling not more than 5 has. of farm land, or engaged as small poultry/livestock raisers, defined as those raising not more than: 1,000 poultry layers or 5,000 broilers (Poultry); 10 sow level or 20 fatteners (swine); 10 fatteners or 5 breeders (cattle); 10 milking cows (dairy); and 50 heads (goats)
• With viable project;
• No outstanding loan from LANDBANK and formal lending institutions for the same project being applied for; and
• With marketable surplus of the project or other confirmed sources of repayment.

Individual fishers

• Actually engaged in agricultural production, fishing, agribusiness, and similar activities including those who are: operating fishing vessels of not more than three tons capacity; operating fishponds of less than five (5) hectares or fish cages of less than 400 square meters; up to five (5) hectares for seaweeds production and the likes; and other individuals who are engaged in small scale fish production, processing and distribution
• With viable project;
• No outstanding loan from LANDBANK and formal lending institutions for the same project being applied for; and
• With marketable surplus of the project or other confirmed sources of repayment.

Micro at Small Enterprises

• Engaged in agricultural production, farming, fisheries, agribusiness and similar activities whether single proprietorship, partnership or corporation, the total assets of which, inclusive of those arising from loans but exclusive of the land on which the particular business entity’s office, plant and equipment are situated, must have value falling under the following categories: Micro Enterprise (not more than ₱3.0 Million); Small Enterprise (more than ₱3.0 Million to ₱15.0 Million)
• Duly registered with the DTI/ SEC;
• No adverse findings on the borrower;
• With viable project; and
• No outstanding loans from LANDBANK other financial institutions, for the same project being applied for.

Farmers and fishers cooperatives and associations

• Duly registered with the CDA/ SEC;
• Operational for at least 6 months;
• No adverse findings on the borrower;
• With core management team composed of manager, cashier/ treasurer, and bookeeper or equivalent positions; and
• With proven track record (experience, training and preparation of officers and members to implement the proposed project to be financed).

Loanable amount is up to ninety percent (90%) of the total project cost, but not to exceed the ff:

• ₱1 Million per individual farmer/fisherfolk; and
• ₱5 Million per project loan per farmers’ and fisherfolk cooperative and association, and MSE.