A total of P990,000 loan assistance was extended by the Cebu People’s Multi-Purpose Cooperative to 63 farmers and jeepney drivers in Bacolod City and neighboring town of Murcia, Wednesday at the Barangay Villamonte Gym.
The Agri-Negosyo Loan Program or ANYO, was launched by the cooperative in partnership with the Department of Agriculture’s Agricultural Credit Policy Council to help strengthen the food supply chain, small farmers and other grassroots stakeholders.
Thirty-three farmers, mostly from Barangays Alangilan and Mandalagan and Murcia town, received their loans alongside 30 jeepney drivers and operators plying Central Market, Fortune Towne and Eroreco routes.
The ANYO Loan Program offers zero interest, non-collateral working capital loans with a minimal service fee.
CPMPC chief executive officer Brian Pepito Yap thanked the people of Bacolod for the warm welcome, and lauded Mayor Evelio Leonardia for supporting their program to help his constituents.
“I salute you for a job well done. We are looking forward to work with you in helping our people,” Leonardia told the cooperative executives.
It is one thing, he said, to receive the assistance and “it is another on how you will use it.”
Leonardia issued a challenge to loan recipients to spend their money wisely.
Yap extended the invitation to farmers, fisherfolks and livestock producers to become cooperative member through their website at new.mycoop.ph.
Interested parties may also visit their satellite office at the second floor of Tera Building at LCC Galo.
The CPMPC also offers business and hospitalization loans, Satellite Office Manager Renalin Martem said.*