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l  Home  l  Development Financing  l  Micro, Small and Medium Enterprises  l  SAFP  l

 

 

Sustainable Agribusiness Financing Program for the Dairy Industry (SAFP-DAIRY)

This is a sub-program under the SAFP specifically to assist the National Dairy Authority (NDA) attain its roadmap’s main objective which is to gain significant level in Ready to Drink (RTD) Milk market .

Eligible Borrowers
Wholesale: (with at least one (1) year profitable operation)
  • Banks – Commercial Banks; Thrift Banks; Rural Banks; Cooperative Banks; and Microfinance Institutions
  • Non-Banks – Non-Government Organizations (NGO); Federations; SEC registered Financing Companies; Dairy Cooperatives; Farmer Associations; other types of dairy assoc./org. duly registered with the corresponding government agencies
Retail:
  • All types of Dairy Business Entities that are duly registered with SEC, DTI, DOLE, CDA; and shall not pose risk to health, national security and the environment.
  • LGUs and GOCCs with dairy development initiatives and commitments

 

Eligible Projects

  • Stock acquisition
  • Breeding
  • Growing/rearing
  • Buildings and improvements
  • Milking/processing machinery, equipment & tools fabrication and maintenance
  • Milk production and processing
  • Milk distribution and dealerships
  • Feed production/milling/mixing
  • Forage production
  • Loan refinancing
  • Other dairy-related enterprises
  • PO financing
  • Working capital
  • Land (project site)

 

Loan Amount

  • Loan amount shall be up to maximum of 80% of the total project cost (TPC)
  • For Domestic Packing Credit, up to 80% value of PO

 

Interest Rate

  • Prevailing market rate

 

Repayment Terms

  • Term Loan – shall be based on the project cycle and projected cash flow as determined by DBP but not to exceed ten (10) years, inclusive of grace period. Progress and/or balloon payment on principal and interest may be allowed.
  • Credit Line – shall be based on the approved tenor/client’s cash conversion cycle but not more than 360 days.
  • Domestic Packing Credit – shall not exceed the expiry date of the PO.

Project Managers

SAVP Aurora C. Maghirang
Head, Financing Inclusive Development (FInD) Department
812-8088/818-9511 local 3309

SM Elaine B. Pagkanlungan
Head, Agribusiness Development Unit - FIND
812-8088 / 818-9511 local 2331

AM Miriam T. Fabian
Mr. Gerald M. Bueno
Engr. Raul L. Rebollos II
Agribusiness Development Unit – FIND
812-8088 / 818-9511 local 2331/2327

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
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