{"id":3367,"date":"2021-09-07T12:41:13","date_gmt":"2021-09-07T12:41:13","guid":{"rendered":"https:\/\/www.rizalmicrobank.com\/?p=3367"},"modified":"2024-11-25T02:41:02","modified_gmt":"2024-11-25T02:41:02","slug":"agribiz-production-loan","status":"publish","type":"post","link":"https:\/\/www.rizalmicrobank.com\/index.php\/agribiz-production-loan\/","title":{"rendered":"AgriBiz Production Loan"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The AgriBiz Production Loan is a loan product intended for individual farmers and farmer organizations in the business of producing Agricultural commodities.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Loan Amount<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The loan amount ranges from P50,000 to P300,000. Loan amount is computed based on farm plan and budget.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Loan Purpose<\/b><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">All or any of production and post-harvest related expenses that correspond to the agreed farm plan and belong to items stipulated below:\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Purchase of inputs\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Payment for labor in maintaining and harvesting in the farm\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Rental of machineries necessary in cultivating the farm\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Logistics expenses for buying inputs, hauling of harvest from farm to post-harvest facilities, processor and\/or to buyer\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Payment for post-harvest fees necessary to sell the produce to the next buyer<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>Acceptable Agri\/ Fishery Activities<\/b><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Production of Commercial Crops\/Fruits<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Raising of Livestocks and Poultry\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Production of Aquaculture\/Fisheries<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Other Agri Production\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>QUALIFICATION<\/b><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Borrower must be 21 years old at the time of loan application, and should not exceed 70 years old at the time of loan maturity<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Farm or business is already establish and has been operating for at least three years<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Land owners, tenants, agra beneficiaries with at least five years farming experience or exposure i.e., basic involvement in farming activity<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">With at least one secondary income source (such as salary, income from business, other agri-activity not similar to the primary business)<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Resident in the branch trade area for at least three years<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Acceptable adverse record with local and national credit bureaus and\/or negative findings in any credit investigation reports<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Willing to open a Contractual Savings with RMB and save while there is an active loan<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><b>Term\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Based on gestation period and allowance to accommodate post-harvest processes.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong><a class=\"maxbutton-1 maxbutton maxbutton-apply-now\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/rcbc.com\/SDERMB\"><span class='mb-text'>Apply Now<\/span><\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<div style=\"height: 30px; text-align: left;\"><strong>Download Loan Application Form<\/strong><\/div>\n<p class=\"wp-posts-carousel-buttons\" style=\"text-align: left;\"><a href=\"https:\/\/www.rizalmicrobank.com\/wp-content\/uploads\/SBLAF_ISP-1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Individual \/ Sole Proprietorship<\/a><\/p>\n<p class=\"wp-posts-carousel-buttons\" style=\"text-align: left;\"><a href=\"https:\/\/www.rizalmicrobank.com\/wp-content\/uploads\/SBLAF_CPC-1.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Cooperative \/ Partnership \/ One-Person Corporation \/ Corporation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The AgriBiz Production Loan is a loan product intended for individual farmers and farmer organizations in the business of producing Agricultural commodities. &nbsp; Loan Amount The loan amount ranges from P50,000 to P300,000. Loan amount is computed based on farm plan and budget.\u00a0 &nbsp; Loan Purpose &nbsp; All or any of production and post-harvest related [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":3769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-3367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/posts\/3367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/comments?post=3367"}],"version-history":[{"count":5,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/posts\/3367\/revisions"}],"predecessor-version":[{"id":3610,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/posts\/3367\/revisions\/3610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/media\/3769"}],"wp:attachment":[{"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/media?parent=3367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/categories?post=3367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rizalmicrobank.com\/index.php\/wp-json\/wp\/v2\/tags?post=3367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}