Sustainable Aquaculture Lending Program (SALP)/ Pagsasakang Pantubig strengthens the value chain of fishery, mariculture, aquaculture and supporting economic activities. It is anchored on the business relationship of institutional buyers or processing/canning companies, linked with small fishers, or micro, small and medium enterprises (MSMEs) which serve as their growers or suppliers.
ELIGIBLE BORROWERS
• Cooperatives/ Federations
• Associations/Non-Government Organizations
• Micro, Small and Medium Enterprises
• Large Agri-business Entities
• Countryside Financial Institutions
ELIGIBLE PROJECTS
Within the value chain of fishery, mariculture, aquaculture and
supporting economic activities such as:
• Breeding/hatchery/nursery
• Production/grow-out/culture of fish and other species
• Seaweed farming and processing
• Processing of fishery products
• Trading
• Other ancillary services
LOAN PURPOSE
• Purchase of inputs for Aquaculture/Mariculture Production
• Working Capital for Trading/Marketing operation
• Fixed Assets Aquisition (fishing vessel/banca and paraphernalia,
fish cage, pump, aerator, High Density Polyethylene (HDPE)
liner, generator, transport, machinery, equipment, etc.) and
installation of other support facilities
• Pond development and/or improvement
• Building construction (cold storage/refrigeration, processing
plants, etc.)
• Rediscounting
LOANABLE AMOUNT
Up to 80% of the total project cost
INTEREST RATE
Based on market rate per client sector
SECURITY/COLLATERAL
Any or combination of the following:
• Real Estate Mortgage
• Chattel Mortgage
• Assignment of Receivables/POs
• Assignment of sub-PNs and underlying collaterals
(Rediscounting)
• Assignment of guarantee and/or insurance coverage
I want to know more
Customer Care Hotline
(+632) 8 405-7000
PLDT Domestic Toll Free
1-800-10-405-7000
Email Address
customercare@mail.landbank.com
