Bigkis can mga Paraoma in Bulan makes APCP and ARCCESS work in tandem

FOR the third time, Bigkis can mga Paraoma in Bulan availed 5 Million pesos loan from Land Bank of the Philippines (LBP) under the Agrarian Production Credit Program (APCP) which the members used in purchasing seeds, fertilizers, chemicals and other needed materials for their Riceland. After six months, the organization was able to fully pay that big amount. 

According to Leoncio M. Gocoyo, Jr., Chairperson, strong implementation of relending policy was their formula in maintaining the good record in borrowing. 

Moreover, their organization has also received Common Service Facilities (CSFs) under the Agrarian Reform Community Connectivity and Economic Support Services (ARCCESS) program. To maximize its benefits, the organization plans to revise their policy. 

“We would like to make it a policy that any member who will avail a loan must rent the CSFs wherein the payment for tractor shall be deducted from their loan, while the payment for the reaper and thresher shall be paid in a form of palay. In this way, we will earn more through CSFs,” he said. Recently, Bigkis can mga Paraoma in Bulan attended the training on Policy Making conducted by DAR Sorsogon where Gocoyo shared to other participants their organization’s effective strategy on loan collection.