San Miguel Multi-Purpose Cooperative (SAMMUCO) Board of Directors and Management Team led by General Manager Rev. Ariel M. Gonzales (3rd from right). The cooperative’s services include loans for palay and corn production, and rental of farm tractors (inset) acquired through Land Bank of the Philippines (LANDBANK), helping local farmers modernize their production.
SABLAYAN, Occidental Mindoro – In the remote sitio of San Miguel in Barangay Claudio Salgado, farmers here have learned to fend for themselves. Mostly living without the conveniences found in larger towns and cities, including access to financial services, they are left with no other choice but to turn to informal lenders to fund their crop production.
This prompted Baptist Pastor Rev. Ariel M. Gonzales to form a group of 16 farmers from their church. Pooling P1,000 from each member as initial capital, the group started to offer loans to farmers with an affordable interest rate.
In December 1996, with financial support from the Gintong Ani Program of the Department of Agriculture (DA) and Land Bank of the Philippines (LANDBANK), Pastor Ariel established the San Miguel Multi-Purpose Cooperative (SAMMUCO), with him acting as its general manager.
A year later, with the co-op’s membership base steadily growing, Pastor Ariel sought LANDBANK’s assistance through a Short-Term Loan Line (STLL) to finance their relending services for palay and corn production, improve its facilities, and expand to other businesses. With LANDBANK’s assistance, SAMMUCO is now also able to offer loans at a lower interest rate of 1% per month.
“We have a great relationship with LANDBANK for the last 20 years. We saw our partnership progress, and we thank them for providing us with financial assistance at a very low interest rate,” said Pastor Ariel.
Today, SAMMUCO buys the produce of its members in bulk at prevailing prices, and sells these in nearby provinces such as Oriental Mindoro and Batangas, since accessibility and transportation remains to be a challenge for small farmers. The co-op has also diversified its business and now runs a gas station, water station, plus plans to open a one-stop shop, and a mini hardware store.
“Gaining the community’s trust proved to be a challenge at the beginning because most of the cooperatives in the area did not prosper, but we persisted. Everyone had their doubts but we overcame that by being transparent. We instilled a culture of trust among our members,” Pastor Ariel said.
Currently, SAMMUCO has 280 farmer-members in their area and in neighboring barangays. The co-op also offers rental of post-harvest facilities such as harvesters, tractors, warehouse, and solar and mechanical dryers. SAMMUCO also prioritizes continuous education by offering technical skills trainings to its members.
“Malayo kami sa bayan, more than 50 kilometers, pero napaabot pa rin sa amin ng LANDBANK ang kanilang serbisyo sa amin. And we are happy that we are able to contribute to our community, generate jobs, and help enrich the lives of our farmer-members. Their children were able to finish college. LANDBANK has been providing us with moral and financial support to achieve all of this. They never fail to guide us in managing our cooperative. Their support is what keeps us going,” Pastor Ariel added.
For the past 57 years, LANDBANK remains steadfast in delivering intensified support to small farmers and fishers (SFFs). As of end-June this year, LANDBANK has extended loans to agriculture sector amounting to P227.47 Billion—P7.97 Billion or 3.6 percent more than the P219.5 Billion as of June 2019.
For more information about LANDBANK’s Lending Programs, interested borrowers may contact the nearest open LANDBANK Lending Center or Branch nationwide, or call LANDBANK’s customer service hotline at (02) 8-405-7000 or at PLDT Domestic Toll Free 1-800-10-405-7000.
Resilience beyond the Shoal: Zambales fisher turns the tide by casting new net of hope
Paolo E. Quitaneg, a fisher from Zambales, secured a loan from LANDBANK to finance the construction of fish aggregating devices or “payaos,” which allow his family to continue earning a living even without entering the disputed waters of Scarborough Shoal in the West Philippine Sea. IBA, Zambales — Thirty-five-year-old fisher Paolo E. Quitaneg comes from a family that casts their nets and hopes into the sea. From an early age, he witnessed how the bountiful waters of Scarborough Shoal in the West Philippine Sea — locally known as Bajo de Masinloc or Panatag Shoal — sustained their livelihood and nourished countless generations before him. But in 2012, the tides suddenly turned. Due to escalating geopolitical tensions in the area, access to this traditional fishing ground, which Paolo described as a “true paradise,” was restricted. For small fishers like him, the loss of Scarborough Shoal meant not just a lost catch, but the unraveling of an entire way of life. Despite the risks, Paolo and fellow fishers tried to continue fishing in the area, But the rising presence of large foreign vessels made each trip more dangerous, as local fishers were intercepted, and faced threats and harassment at sea, with warning signals often blaring before they could even draw close to the shoal. “Yung huling punta namin doon noong 2024, ni-radyo agad kami. Andun ‘yung kaba at takot na baka masira ang bangka namin, kaya hindi na kami bumalik. Lahat kami dito sa buong Zambales apektado, at nawalan ng magandang kita kasi ‘yun talaga ang pangunahing pinagkukunan namin ng kabuhayan,” Paolo shared, adding that they even had to sell their boat just to make ends meet. (“Our last trip there was in 2024, and we were immediately warned through a radio. We felt the fear and anxiety that our boat might get damaged, so we never returned. All of us here in Zambales were affected and lost a good source of income because that was our main livelihood,” Paolo shared.) Charting a safer course with payaos As the country pursues diplomatic solutions to ease maritime tensions, Paolo’s family chose to chart a different course. In 2022, they established and registered LIMVQS Enterprise as a small business operating fish aggregating devices — locally called payaos — as an alternative method of drawing fish closer to shore. Since then, Paolo’s family has acquired a fishing vessel to sustain their operations. These fish aggregating devices, typically made from styrofoam, old tires and net, are set up about 15 nautical miles offshore to attract fish and encourage spawning. After about three weeks, the fish can be harvested using large nets. This has allowed Paolo’s family to secure a steady catch and income without venturing into the contested waters of Scarborough Shoal. Scaling up with LANDBANK’s support Recognizing the potential of payaos as a safer and more sustainable alternative to traditional fishing, Paolo turned to LANDBANK in 2024 to scale up their operations. He applied for financial assistance to construct 10 new payao units, each costing around P100,000. Through the Agricultural Competitiveness Enhancement Fund (ACEF) Lending Program, jointly implemented by LANDBANK and the Department of Agriculture (DA), Paolo was granted a loan with a low annual interest rate of only 2%. Under this Program, farmers and fishers can borrow up to ₱1 million, while cooperatives, associations, and micro, small, and medium enterprises (MSMEs) can access loans up to ₱5 million. “Nagulat kami — mayroon pa palang ganitong bangko. Hindi ako nahirapan, very friendly ang mga staff. Binigyan nila ako ng magagandang options at inalalayang makumpleto ang mga requirements. Ganoon pala ang LANDBANK — tutulungan ka para maiangat ka, para makakuha ka ng magandang kabuhayan,” said Paolo (“We were surprised — we didn’t know there was still a bank like this. I didn’t have a hard time, the staff are very friendly. They gave me good options and guided me through the requirements. That’s what LANDBANK is like — they help you rise, so that you can build a better livelihood,” said Paolo.) In January 2025, Paolo’s family deployed their new payaos off the coast of Zambales. Their catch grew significantly from roughly 16,000 kilos to nearly 50,000 kilos per month, allowing them to supply public markets as far as Malabon, where prices are more favorable. With a steady income, they were able to save enough to place a down payment on their first delivery truck, saving P25,000 on truck rental costs for every trip to Malabon Public Market. Now, they keep more of their earnings to better support their family’s needs. From safer seas to thriving communities With support from LANDBANK, Paolo’s family has provided safe and sustainable livelihoods for 36 local workers, while ensuring a steady supply of fresh fish from Zambales to Metro Manila. What began as a lifeline for Paolo’s family has since become a source of hope for others. The LIMVQS Enterprise now provides livelihood for 36 local workers hired as harvesters and porters, who no longer risk their safety at sea to earn a living. Local dealers across Zambales have also benefited from the increased fish supply, which has helped stabilize market availability and prices. The ripple effect extends to Metro Manila, where consumers now enjoy a steady supply of affordable, fresh, and responsibly-sourced fish. “Nagpapasalamat po ako sa LANDBANK, sa Department of Agriculture, at sa aming LGU na nagbigay ng endorsement at suporta para kami ay makahiram ng sapat na puhunan. Kahit kami ay mula sa marginalized sector, pinaramdam ninyo ang tiwala at suporta para kami’y makabangon at umasenso,” Paolo expressed. (“I am grateful to LANDBANK, the Department of Agriculture, and our LGU for the endorsement and support that allowed us to secure enough capital. Even though we come from the marginalized sector, you showed us trust and support to help us recover and improve our livelihood,” Paolo expressed.) Looking ahead, Paolo plans to apply for another loan from LANDBANK once the first loan is fully paid. He will use the fund to purchase a second truck to expand deliveries to other provinces, such as Laguna. Fueling the current of progress LANDBANK continues to intensify its support across the entire agriculture value chain — from small farmers and fishers to agribusinesses. As of March 2025, the Bank’s agriculture, fisheries, and rural development (AFRD) loan portfolio has grown to ₱844.61 billion, accounting for 53.4% of its total gross loans of ₱1.58 trillion. Between January and March alone, LANDBANK assisted almost 28,000 new small farmers and fishers, bringing total beneficiaries nationwide to 4.04 million. These were supported through direct lending, partnerships with credit conduits, and capacity-building initiatives. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
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LANDBANK, Water.org partner to expand access to safe water nationwide
LANDBANK President and CEO Lynette V. Ortiz and Water.org Regional Director for Southeast Asia Griselda G. Santos, have partnered to provide sustainable financing solutions for water and sanitation projects, especially in underserved communities. LANDBANK Director Gaudencio S. Hernandez Jr., Executive Vice President Ma. Celeste A. Burgos, and Water.org Portfolio Lead Floredick B. Pajarillo witnessed the event. MANILA, Philippines — In a move to improve access to safe, affordable water across the country, LANDBANK and international non-profit organization Water.org have formalized a strategic partnership to scale up investments for water and sanitation projects. The collaboration aims to deliver sustainable financing solutions for water and sanitation projects, particularly in underserved communities. This is in support of the national government’s commitment to Sustainable Development Goal 6 (SDG 6), which calls for universal access to clean water, sanitation, and hygiene by 2030. Under the partnership, LANDBANK will share its lending guidelines to support Water.org identify qualified borrowers. In turn, Water.org will provide technical assistance to improve project preparedness and viability, including support for documentation, loan applications, and technical assessments. LANDBANK President and CEO Lynette V. Ortiz and Water.org Regional Director for Southeast Asia Griselda G. Santos inked the Memorandum of Understanding (MOU) on 15 May 2025 at the LANDBANK Plaza in Manila, witnessed by LANDBANK Director Gaudencio S. Hernandez Jr., Executive Vice President Ma. Celeste A. Burgos and Water.org Portfolio Lead Floredick B. Pajarillo. “By combining LANDBANK’s nationwide reach and financing capacity with Water.org’s expertise in community engagement, technical support, and impact evaluation, we are building a powerful alliance,” said LANDBANK President Ortiz. The collaboration brings together LANDBANK’s strong track record in public infrastructure financing and Water.org’s market-based approach to expanding access to safe water. The partnership is set to benefit local water service providers—including water districts, financial institutions, local government units (LGUs), cooperatives, and micro, small, and medium enterprises (MSMEs). “There's still a long way to go towards a sustainable solution in the Philippines. No one institution—government nor NGO—can do it alone. This challenge provides an opportunity for us to work together for a more sustainable and resilient country,” said Water.org Regional Director Santos, welcoming the partnership as a key milestone in enabling inclusive water solutions in the country. Water.org will identify potential borrowers for water and sanitation projects and refer them to LANDBANK based on the Bank’s eligibility criteria, while also assisting loan applicants in completing documentary requirements. Implementation of the partnership will be carried out under LANDBANK’s Water for Everyone (H2OPE) Program, which supports the development of sustainable water sources, improvement of distribution systems, and construction of sanitation and wastewater treatment facilities nationwide. As of March 2025, LANDBANK has approved P8.8 billion in loans to 36 borrowers under the H2OPE program. The partnership with Water.org is expected to scale the program’s reach and impact, accelerating the delivery of safe water and sanitation across the country. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide. ABOUT Water.org Water.org is a global non-profit organization that has helped transform the lives of more than 56 million people around the world through access to safe water and sanitation. For over three decades, Water.org pioneers market-driven financial solutions to address the global water crisis, empowering families with the resources and opportunities to build healthier, more resilient futures.
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Harvest of wisdom: Retired professor champions sustainable, inclusive farming
Retired educator Dra. Celeste N. Querijero now devotes her time to cultivating mushrooms and managing her farm in Misamis Oriental, which has become a model of sustainable and inclusive farming. OPOL, Misamis Oriental — After dedicating 44 years to shaping minds as an agriculture professor at the Mindanao State University (MSU), Dra. Celeste N. Querijero was offered a prestigious international consultancy post — a tempting opportunity that recognized her expertise and decades of experience. But she chose to stay closer to home to empower small farmers in the community by sharing her knowledge of sustainable farming that defined her teaching career. "Even before I retired, I already had a deep passion for agriculture,” she shared. “As MSU’s coordinator for extension services, I saw firsthand the pressing needs of our farmers. They wanted knowledge, access, and a stable livelihood. So after retirement, I volunteered myself to serve. It’s my way of giving back after all the blessings I’ve received throughout my career," she said. True to this calling, Dra. Querijero founded the CNQ Diversified Farm in Sitio Saguing Patag, named after her initials. With mushrooms as her flagship crop — an expertise she honed while writing her dissertation in Thailand — she began cultivating oyster mushrooms, and later expanded into a diversified farm ecosystem which includes mulberries, ilang-ilang, coconuts, mangoes, vegetables, legumes, peanuts, sweet potatoes, and ube. Empowered by LANDBANK support Dra. Querijero used the loan from LANDBANK to build a multi-purpose facility, which includes a mushroom growing house on the ground floor. To scale up her farm’s operations, Dra. Querijero tapped LANDBANK’s low-interest financing under the Agricultural Competitiveness Enhancement Fund (ACEF) Lending Program, implemented in partnership with the Department of Agriculture (DA). The funds enabled her to invest in modern equipment and build a multi-purpose facility as an additional production area and training venue for farmers and stakeholders. From an initial annual yield of 8,000 oyster mushroom packs, CNQ Diversified Farm now produces 20,000 packs distributed to leading malls such as SM, Ayala, and Robinsons, and even reaching markets in Bohol and Cebu. The expansion also created employment for 21 locals, with women comprising 80% of the workforce. A learning hub for sustainable and inclusive farming Beyond its produce, what sets CNQ Diversified Farm apart is its role as a learning hub for sustainable and inclusive farming. Dra. Querijero regularly hosts agriculture-related training sessions in partnership with Technical Education and Skills Development Authority (TESDA), Department of Science and Technology (DOST), Provincial Agriculture Office (PAGRO), and other government agencies. Dra. Querijero is even in talks with European stakeholders who are interested to take agri training programs. The CNQ Diversified Farm is fast becoming a model for sustainable and inclusive farming, and a convergence zone for universities, government institutions, and local government units eager to replicate its success and promote rural development. The farm’s innovative practices have also become the subject of academic research, culminating in a published book authored by graduate students. “I’m here to guide and teach — not just to build a farm, but to build lives,” said Dra. Querijero. “LANDBANK made this possible by believing in my vision. The loan gave me breathing room — low interest, one-year grace period, and flexible terms — so I could focus on growing before repaying.” LANDBANK’s steadfast commitment to agriculture LANDBANK serves as the DA’s conduit bank in implementing the ACEF Lending Program, which is designed to empower marginalized players in the agriculture sector through affordable credit and support services. Under this Program, individual farmers and fishers can borrow up to ₱1 million, while cooperatives, associations, and MSMEs can access up to ₱5 million for farm inputs, machinery, and facilities essential to production and processing. As of March 2025, LANDBANK has released ₱14.6 billion in loans under the ACEF Lending Program, benefiting 97,162 borrowers nationwide — 98% of whom are small farmers and fishers. ABOUT LANDBANK LANDBANK is the largest development financial institution in the country promoting financial inclusion, digital transformation, and sustainable national development. Present in all 82 provinces in the county, the Bank is committed to provide accessible and responsive financial solutions to empower Filipinos from countryside to countrywide.
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