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 .
Wholesale: (with at least one (1) year profitable operation)
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
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
Buildings and improvements
Milking/processing machinery, equipment & tools fabrication and maintenance
Milk production and processing
Milk distribution and dealerships
Other dairy-related enterprises
Land (project site)
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
Prevailing market rate
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.
SAVP Aurora C. Maghirang
Head, Financing Inclusive Development (FInD) Department