TACLOBAN CITY — At least 53 agri-entrepreneurs from across Leyte have received financial assistance under the province-led Community Assistance Program (CAP) to help jumpstart and expand their agricultural and livestock projects.
The funding supports a range of ventures, including crop production (ampalaya, squash, eggplant, watermelon, sweet potato, sweet corn, yellow corn) and livestock initiatives (hog fattening, egg laying, and goat production). Loan amounts range from P50,000 to P100,000, payable in installments, with zero interest on the first loan.
Engr. Ma. Lourdes Nadera, officer-in-charge of the Office of the Provincial Agriculturist (OPA), said the program has demonstrated strong performance, noting high repayment rates among previous beneficiaries. She expressed confidence that the new projects would further enhance agricultural productivity and rural livelihoods in the province.
CAP focal person Renavic Melgazo reminded beneficiaries to manage their projects responsibly and comply with repayment schedules to avoid penalties and remain eligible for future loans.
The Community Assistance Program, a flagship initiative of Governor Carlos Jericho Petilla, aims to provide start-up capital for agri-fishery projects and promote inclusive economic growth across Leyte.
(ROEL T. AMAZONA)
