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 members
● 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% per annum (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

A credit program being implemented by the LBP and SRA, the Sugarcane Industry Development Act (SIDA) of 2015 or 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:

• To introduce better and cost-efficient sugarcane farming practices
• To improve farm productivity
• To improve access of farmers to LBP loans
• To increase income of farmers

• Individual Sugarcane Farmers registered with the SRA
• SRA-Accredited Block Farms
• Credit Conduits with sugarcane farmers as members
• 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