Villar urges Landbank to ease loan process for sugar farmers

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Senator Cynthia Villar, chair of the Senate committee on agriculture, says Landbank was taking too long to process farmers' loan applications.

MIFFED. Senator Cynthia Villar grills the Land Bank of the Philippines officials at the Senate hearing on the implementation of the sugar cane industry development law. Photo by Angie de Silva/Rappler

Obviously miffed, Villar said that the state-owned bank was taking too long to process the loan applications. At the hearing, Senate Majority Leader Miguel Zubiri proposed that Landbank create a special window for socialized credit to sugarcane farmers.Kung hindi, hindi aangat 'yung agriculture sector. Negative palagi. Wala nang gusto magsaka, sa totoo langHe also said that the bank's strictness in granting loans has driven some farmers to turn to loan sharks.

She said that she will be pushing for at least P1.5 billion worth of funds for the SIDA program, as P500 million was"very small."

 

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Utang na naman? Utang na loob!

mas ok daw mtgal mgrelease...pra mbenta kina Villar ung mga lupa ng farmers....gawing Camella.

Conflicted!

Oo. Pautangin nyo. Para mabaon sa utang yung mga farmers at lumaon ay maibenta sa mga gagawing subdivision ng mga villar ang sakahan nila.

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