Alternative financing source of farmer support services

Climate Change Adaptation Project (CCAP) Caselette No. 6: A case on providing an alternative financing source to complete the package of farmer support services: Project flyer

Buenavista LGU is providing access to afforable financing, allowing farmers a chance to get out of high-cost financing sources and indebtedness, protecting farmers and their families through insurance and integrating non-financial services for greater impact.

Before, they could only offer sympathy and a listening ear to farmers who shared their woes on piled debts and lack of motivation to harvest knowing that a very minimal if not none of the proceeds would be left to them after paying the debts - this, the agricultural technicians (ATs) in the municipality of Buenavista described of their services to farmers years ago. Now, they are very happy, they can do more! “Grabe gyud nakat abang,” (It’s really a big help) says Gertrutin Natonton, AT of Barangay Macalang of the innovative and integrated financial package being offered by the local government unit of Buenavista.