C. Micro and Small Agribusiness Loan Program (AgriNegosyo or ANYO)

Eligible Borrowers:
a. Small Enterprises - Registered agri-based business with assets not exceeding P15M.
b. Micro Enterprises - Registered agri-based business with assets not exceeding P3M.
c. Farmers/Fisherfolk Cooperatives Associations – registered entities whose members are farmers and fisherfolks.
d. Individual SFF – registered or enrolled at RSBSA
e. Micro and Small Enterprises (MSE’s) may either be a Sole Proprietor, Partnership or Corporation.

Loanable Amount: Up to 90% of projected cost; may vary depending on DA’s policy.

Term of Loan: Shall be based on projected cash flow/gestation period but not to exceed 5 years.

Interest Rate: 0%

Service Fee: 3%

Other Qualifications:
1. For agri-fishery based MSE’s:

For existing:
Duly registered with SEC/DOLE and other government registering institutions
Operational for at least one year
With proven management capacity to implement the project
Engaged in/with existing production, processing, marketing and/or distribution of agri-fishery products
Registered/enrolled with FFEDIS
100% Filipino owned MSE’s

For start-up:
Must have personally undergone ACPC program orientation and business planning
Must undergo or have undergone technical skills training on agri-fishery
Must be registered with the appropriate government entity at the time of application
Must be 100% Filipino owned MSE’s
Must be enrolled/registered with FFEDIS

2. Farmer and fisherfolk organization/association:
Duly registered with CDA/SEC/DOLE and other government registering institutions
Operational for at least one year
Engaged in/with existing production, processing, marketing and/or distribution of agri-fishery products
With a functioning Board of Directors or its equivalent and presence of a core management team
Registered/enrolled with the FFEDIS

3. Individual Borrowers:
Small Farmers and Fisherfolks
Registered/enrolled in the RSBSA - those who are not registered shall be required to enrol through the DA inclusion pool

Documentary Requirements:
1. MSE’s and Cooperatives/Associations:
Letter of intent with project description/proposal
Board resolution authorizing the MSE/Cooperative/Association to apply as borrower and designating its authorized signatories to enter into agreement with ACPC
Copy of registration documents
Copy of latest Audited Financial Statement with proof of filling with the BIR
Endorsement/referral from the DA
Proof of registration/enrolment in FFEDIS

2. Individual SFF Borrowers:
One valid government ID with picture
One ID picture (latest)
Proof of registration/enrolment in the RSBSA