LANDBANK Quezon Lending Center Head, Assistant Vice President Joel S. Babaan (standing, 2nd from right) and regional officials from various government agencies sign a Memorandum of Understanding (MOU) to fight hunger and poverty in Quezon Province last May 21, 2021.
LUCENA CITY, Quezon – The Land Bank of the Philippines (LANDBANK) inked a Memorandum of Understanding (MOU) with various participating provincial government agencies for the Enhanced Partnership Against Hunger and Poverty (EPAHP) initiative for Quezon Province on May 21, 2021.
The MOU was signed in support of the EPAHP’s objectives of mitigating hunger, ensuring food and nutrition security, and reducing poverty in urban and rural communities, including the marginalized sector.
Through the LANDBANK Quezon Lending Center, the state-run Bank joined the Provincial Government of Quezon and partner agencies in the province composed of the Department of Agriculture (DA), Department of Agrarian Reform (DAR), Department of Trade and Industry (DTI), Department of Education (DepEd), and National Irrigation Administration (NIA) for the program.
“Under the whole-of-government approach, LANDBANK remains one with government partners in the ongoing fight against hunger and poverty. We will continue to provide responsive and accessible financing directed at community-building and countryside development," LANDBANK President and CEO Cecilia C. Borromeo said.
The EPAHP is a collaborative program of the national government which aims to contribute to addressing hunger and poverty in the country by converging relevant programs of partner agencies to maximize results for the benefit of the poor and marginalized.
Under the MOU, LANDBANK will extend credit support to eligible community-based organizations for food production, processing, and marketing, consistent with its mandate to spur inclusive growth and sustainable development in rural communities and marginalized areas.
The MOU signing was led by Quezon Governor Danilo E. Suarez, alongside representatives of local EPAHP-participating agencies, which included DA Agricultural Program Coordinating Officer Rolando P. Cuasay, DAR Provincial Agrarian Reform Program Officer Celestina M. Santayana, DepEd Schools Division Superintendent OIC Elias A. Alicaya, Jr., DTI OIC Provincial Director Julieta L. Tadiosa, NIA Division Manager Engr. Fidel P. Martinez, and LANDBANK Quezon Lending Center Head, Assistant Vice President Joel S. Babaan.
Under the EPAHP, efforts toward community-driven development approaches in agro-enterprise, and other livelihood programs and food security programs, aims to enhance the prospects for poverty reduction and hunger elimination in urban and rural areas.
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