Online Farmer Support Program Launched in Pangasinan City
BAYAMBANG, Pangasinan––The government of this farming town on Monday, April 18, launched an online farmer assistance program called “E-Agro” to enable farmers to access loans, farming information, affordable equipment and low-cost inputs like fertilizer. and pesticides.
Mayor Cesar Quiambao said the program aims to improve the lives of the city’s 30,850 poor farming families, who earn an average of 3,100 pesos a month from farming.
He said he hoped to increase their income to at least 10,000 pesos per month through the program.
“The farmers’ economic system starts with ‘utang (loan)’ when they plant palay. Then they sell their products at low prices to traders (from whom they acquired the loans). Then they also resort to loans at the start of the planting season. With the E-Agro, we hope to shut down the system,” Quiambao explained at the launch.
Under the program, farmers, who must be listed in the Agriculture Basic Sectors Registration System, can create an account on the E-Agro portal and register basic information such as name, the number of hectares cultivated and the amount to be loaned. .
The system has an app that details where the loan will be used – from land preparation, planting, fertilizing and harvesting.
Farmers can lend up to 100,000 pesos per hectare with 2% interest per month, using their harvest as collateral.
Under the scheme, buying stations are available for farmers to bring their paly, and they will not be at the mercy of traders. Farmers and their crops are also insured.
Regional executive director for agriculture, Nestor Domenden, said the scheme would help farmers because loan approvals are fast and real-time.
“Unlike banks, where many documents have to be presented and they have to wait for approval when they have already harvested their crops and the loan has not yet been approved, this program is fast, so it is advantageous for farmers,” says Domenden.
The One-Doc Corporation, led by Jorge Yulo, developed the program.
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