The funds for the Socialized Credit Program under the Farm Support Program of Republic Act No. 10659 shall be made available through the Land Bank of the Philippines for the acquisition of production inputs, farm machinery, and implements necessary for the continuous production of sugarcane. The program has the following target beneficiaries: (1) individual sugarcane farmers operating a farm land area of ten (10) hectares and below, (2) collective farms with consolidated area of less than 30 hectares within a 2-kilometer radius. (3) block farms, and (4) SRA-accredited agri-business machinery, equipment service centers.
GUIDELINES
- SRA-LBP Joint Memorandum Circular No.1, S. 2020, Implementing Rules and Regulations (IRR) of the Socialized Credit Program (SCP) under the Sugarcane Industry Development Act (SIDA)
- SRA-LBP Joint Memorandum Circular No.1, S. 2019, Implementing Rules and Regulations (IRR) of the Socialized Credit Program (SCP) under the Sugarcane Industry Development Act (SIDA)
- SRA-LBP Joint Memorandum Circular No.1, S. 2018, Implementing Rules and Regulations (IRR) of the Socialized Credit Program (SCP) under the Sugarcane Industry Development Act (SIDA)
- Memorandum Circular No. 8, S. 2018, Guidelines for the SRA Registration of Farmers
- Memorandum Circular No. 7, S. 2018, Guidelines for the SRA Registration of Farmers