Integrated Support for the Development of Aquaculture (ISDA) Program

Rationale

ISDA  - - -   A growership program for fisheries anchored on institutional buyers  or processors linked with small fisherfolk and SMEs as growers”

Coverage

Nationwide

Eligible Borrowers

  • Cooperatives/Associations
  • Federations
  • Non-Government Organizations
  • Small and Medium Enterprises
  • Large Agri-business Entities

Eligibility Criteria

  • No adverse findings (borrower and principal)
  • Well-defined source of repayment
  • At least 2-yr profitable operations
  • Enough knowledge in the proposed project

Basic Policies

Purpose

  • Production Loan
  • Relending
  • Working Capital
  • Fixed Assets

Interest Rate

  • Based on LBP rate at the time of availment

Repayment Term

  • STLL  - One year
  • TL – based on projected cashflow or economic useful life of fixed asset

Collateral

  • Any asset acceptable to LANDBANK
  • Agricultural Guarantee Fund Pool (AGFP)
  • Credit  Surety Fund  (CSF)
  • Fishery Trust Fund (FTF)

Other Requirements

  • Signed Production Technical & Marketing Agreement  (PTMA) as pre-release requirement