YAKAP AT HALIK MULTI-PURPOSE COOPERATIVE QUEZON 1
Kinabuhayan Dolores, Quezon
OPERATIONAL GUIDELINES ON AGRICULTURAL CREDIT POLICY COUNCIL (ACPC)
AGRI-NEGOSYO (ANYO)
I. RATIONALE:
The YAKAP AT HALIK MULTI-PURPOSE COOPERATIVE QUEZON 1. On its mandate to
give social impact in the community recently entered into an agreement with
Agricultural Credit Policy Council (ACPC) through a Memorandum of Agreement
(MOA) as a conduit to implement the Agri-Negosyo (ANYO) Program in targeted
municipalities in 2nd DISTRICT OF QUEZON PROVINCES AND NEARBY TOWN IN
LAGUNA. The program objective is to address poverty alleviation in the municipality.
ANYO is a special credit window for marginalized farmers engaged in production of
crops or any other agricultural products, poultry and livestock, or fishing activities
and micro-enterprise of the household.
II. OBJECTIVES:
The main objective of these guidelines is to provide guidance in the administration
of the new loan product ANYO which includes the necessary processes and
techniques from loan application, analysis, rating, collection, monitoring, follow-up,
reportorial and feedback activities.
III. GUIDELINES:
1. Scope
The implementing office for ANYO loan is the YHMPCQ1.
2. Target Beneficiaries
On this program YHMPCQ1 shall exclusively offer ANYO loan product to eligible
beneficiaries from marginal farmers, existing clients or those with no previous
transactions with the cooperative, base on the criteria set forth in these
guidelines.
3. ANYO Program
Product Design Specification
Prospect Clients: Farmers (existing clients and those with no previous transaction.
Purpose: For on-farm activities engage in production of rice and
other vegetables.
Eligibility: Small farmers with agricultural lot minimum of 2,500.sq.m
(1/4 hectares) and maximum of Three (3) Hectares.
Loan Amount: Minimum P10,000.00- Maximum P300,000.00
Loan Term: In accordance with crop cycle but exceeding three (3)
Years
Mode of Payment: Principal: Yearly
*Note: Before the maturity date the borrower may deposit funds for loan repayment to
servicing YHMPCQ1 branch and available to withdraw anytime needed by the borrower for
production purposes.
Farmers have to pay whether or not production or business activity succeeds.
Interest: Zero interest
Penalties: The penalty of 5% per month based on principal amortization
due.
Notarial Fee: P150.00 per document
Securities and Guarantees: > Crop Insurance- PCIC Coverage
>Loan Repayment Protection Plan- PCIC Coverage
Every borrower must have two (2) co-makers
within the cluster.
Requirements: >Know-Your-Customer (KYC) Documents
1 Valid ID or Certification from Barangay
that subject is a resident with photo
attached
Tax Identification Number (TIN)
Complete set of loan application
Lending Procedure > Area mapping/ identification
Community briefing, PMES, loan orientation and
clustering (on-site)
Conduct of CI/BI based on capacity, character,
capital, condition and co-maker
Loan approval-minimum of P10,000.00 AND
Maximum of P300,000.00
Loan released: Seven (7) working days upon
submission of complete documents, re-loan-Three
(3) days.
Loan Utilization Check (LUC)
Loan collection through cluster approach
Manner of Loan Release > One time release through issuance of check or
cash to borrower at the nearest YHMPCQ1 branch or on-site
Recording and Reporting Separate and special recording of accounts for all ANYO
program
Separate and special reporting of portfolio, releases,
collection and monitoring.
IV. PRE REQUISITE ACTIVITIES
1. Get list of farmers to the Office of Municipal Agriculture Office (MAO) to the
targeted area or from endorsement of ACPC- assigned Irrigators Association
2. Conduct area mapping and identify potential client
3. Conduct Prospective Borrowers Briefing
4. Organize clustering by IA to facilitate easy monitoring and collection
(8 to 15 members per cluster, each cluster must have a leader or treasurer)
V. LOAN STAGES AND PROCESS
1. Application and Processing. The assigned YHMPCQ1 Technical Officer shall only
receive loan application from client who pass the CI/BI and ensure the
completeness. Should conduct an initial screening of client’s picture attached
and complete necessary forms duly signed by the applicant and co-maker.
Furthermore the assigned YHMPCQ1 personnel shall conduct an interview on
income and expenses of the client to generate cash flow for analysis. The TO
shall also conduct CI/BI, a means of verifying the supplied information and
determining the applicant’s character and capacity to pay through interview or
field visit to client neighbors, trade partners, co-makers, etc.
The use of ACPC-ANYO forms such as Loan Application, Promissory Notes,
Farm/Business Plan, Enrollment Form and Co-maker statement be adopted by
the implementers.
2. Loan Release. All Loan releases of ANYO program shall be classified under ACPC.
Releases shall be through the issuance of check or cash. Releasing for new loan
applicants shell be Seven (7) working days from date of submission of complete
loan documents and three (3) working days for re-loan. Documents such as
vouchers, loan application, promissory notes, etc. shall be stamped “ACPC-ANYO
Funded” for easy monitoring, filing and reporting.
3. Loan Monitoring and Collection. The TO in-charge of the accounts shall ensure
the borrower to pay their obligation on time thru over the counter payment of
field collection. The TO shall facilitate a cluster meeting every month for the
following agenda, re: updates of their membership, collection and acceptance of
re-loan applicants.
VI. FEED BACKING AND REPORTORIAL
The YHMPCQ1 Chairperson, Treasury Department, General Manager and the TOs
under supervision of respective Branch Manager shall prepare the program status of
the project such as summary of loan releases, loan collection, fund status report and
other report required by the program.
VII. RESPONSIBLE PERSONS
The YHMPCQ1 Chairperson, Treasury, General Manager and the TOs under the
supervision of respective Branch Manager
VIII. SANCTIONS
Any violation shall be dealt accordingly base on the Code of Behavior and other
pertinent issuances and memoranda.
IX. EFFECTIVITY
These guidelines shall take effect on____________________. It shall be the
responsibility of the abovementioned accountable personnel to ensure the proper
implementation of these guidelines.
Annexes:
1. Loan Application Form with Promissory Notes
2. Enrollment Form
3. Farm/business Plan
4. Co-Maker Statement
Attested by:
Crispina C. Delantar
Secretary
Joan R. Illustrisimo Sandra R. Suazo Favia J. Custodio
Director Director Director
Nestor O. Basit Marilou A. Quinto Clemente C. Illustrisimo
Director Director ` Director
Rowena D. Deliso Mario O. Coronado
Director Vice Chairman
Silveria S. Arciaga
Chairman
Conformed:
Ms. Jocelyn R. Badiola
Executive Director
