POULTRY AND LIVESTOCK LOAN
Loan Terms and Conditions
Purpose of Loan
- To improve agricultural productivity in the rural areas by providing credit assistance to qualified borrowers.
- Farming of agricultural Livestock like poultry, piggery and quail egg production
Loan Processing Requirements
- Application Forms duly filled-out and signed by the applicant/s
- 2 x 2 ID Picture
- 2 Valid IDs
- Community Tax Certificate
- Mayor’s or Business Permit (if applicable)
- Financial Statements or Income Tax Return (if applicable)
- Bank Statement/ Passbook for the past three (3) months
- Certificate of Employment (if applicable)
- Proof of Billing
- Photocopy of Title/s
- REM collateral with proper documentation
- Tx Declarations, Clearance and Tax Receipt
- Lot plan with vicinity map
- MARO/ BARC
- Proof of ownership of other properties
- Other documents as may be required:
- Deed of undertaking
- Affidavit of non-tenancy of farm lot
- Affidavit of consent to mortgage family home for residential lot
- Special power of attorney (if applicable)
- Waiver of rights
Eligibility Criteria
- A Filipino citizen
- 21-65 Years Old
- Within the present serving area
- Not engaged in illegal activities
- Must have a good credit record with banks and other lending institutions
- With stable source of income
- With acceptable collateral to cover the amount of loan
- Not an accommodation
- Must not been turned down by another branch
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Loan Terms and Conditions
Purpose of Loan
- Construction of poultry house start-up existing contract growers
- Types of Climate Control System Building to be financed
- Single-Decker:
- Pre-fabricated
- Non-fabricated
- Double-decker
- Pre-fabircated
- Non-fabircated
- Single-Decker:
- Types of Climate Control System Building to be financed
- Farm acquisition of buy-out of existing buildings
- Financing of road right-of-way
- Farm expansion/ rehabilitation
- Maintenance of existing building, facilities and equipment
- Other eligible project components/ expenditures (based on billing of materials)
- Farm office and staff house
- Electrical equipment
- Bio-security building/ Bio Rooms
- Waste water treatment facility
- Road network inside the farm
- Guard house
- Multi-purpose Building (combination of bio-room/ office/ warehouse/ staff house/ guard house)
- Feed warehouse
- Power house
- Owner’s house
- Perimeter fence and gate
- Elevated water tank/ deep well
Loan Processing Requirements
- Initial Requirements:
- Application Forms duly filled-out and signed by the applicant/s
- Three (3) pieces of 2 x 2 ID Picture (including the spouse, if any)
- 2 Valid IDs
- Community Tax Certificate
- Photocopy of title/s (with Special Power of Attorney if property is not under the client’s name)
- Documentation Requirement
- Letter of intent
- Filled-out application form
- Two (2) piefces of 2 x 2 Picture
- Clear photocopy of latest community tax certificate
- Mayor’s or Business Permit (if applicable)
- BIR Form 2303
- DTI Certificate of Business Registration/ SEC Registration, Articles of Partnership or Incorporation whichever is applicable
- LGU Permit
- Environmental compliance certificate
- Copy of letter of commitment from the integrateo
- Copy of signed contract between the contract grower and the integrator
- Copy of building permits, complete building plans, bull of materials and 5-curve.
- Financial Statements or Income Tax Return (if applicable)
- Bank Statement/ Passbook for the past three (3) months
- Certificate of Employment (if applicable)
- Proof of Billing
- Photocopy of Title/s
- REM collateral with proper documentation
- Tx Declarations, Clearance and Tax Receipt
- Lot plan with vicinity map
- MARO/ BARC
- Proof of ownership of other properties
- Other documents as may be required:
- Deed of undertaking
- Affidavit of non-tenancy of farm lot
- Affidavit of consent to mortgage family home for residential lot
- Special power of attorney (if applicable)
- Waiver of rights
Eligibility Criteria
- Individual Criteria:
- A Filipino citizen
- 16-65 Years Old
- Within the present serving area
- Not engaged in illegal activities
- Applicant is at least one (1) year permanent resident in their community
- Not an accommodation
- Must not been turned down by another branch
- Farm Site Criteria:
- Minimum land area of one (1) hectare
- Within an agricultural zone approved by integrators
- At least one (1) kilometer from the nearest residential area.
- Reliable source of electric power and potable water
- All-weather road leading to the farm, passable to light vehicles with 6-10 wheels (trucks)
Loan Rates
- Based on prevailing and approved interest rate of the bank
- Subject to yearly repricing.