Ifugao Governor Jerry Dalipog awarded loan assistance to 33 individuals under the Agrikultura: Kaagapay ng Bayang Pinoy (AKBAY) Program of the Department of Agriculture through the Agriculture and Fishery Council during the provincial awarding of AKBAY Roll-Over Fund at the provincial atrium on August 6, 2020.

 

AKBAY is a poverty-reduction program funded by the Japan Grant Assistance for the Food Security Project that benefited five (5) from Asipulo, seven (7) from Banaue, 10 from Hungduan, and three (3) from Tinoc received a start-up capital amounting to Php10,000.00 for a sustainable livelihood project which includes pig and chicken, vegetable and ginger production, and handicraft making.

 

The program designed that the farm-household will pay back the assistance fund at an agreed-upon schedule with zero interest rate. The funds recovered from the projects are pooled into a Roll-Over Fund which will be borrowed by the next-generation participant-beneficiaries.

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33 AGRI-ENTREPRENEUR RECEIVES AKBAY LOAN

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