Banking with climate change risk-vulnerable farmers

Climate Change Adaptation Project (CCAP) Caselette No. 3: A case on banking with climate change risk-vulnerable farmers: Project flyer

People's Bank of Caraga, Inc. isa-isang, sama-samang pag-unlad plus (ISAPA+): Working on farmers' huge potential for savings; protecting farmers and their families through insurance, integrating non-financial services for greater impact; employing group solidarity approach as collateral substitutes and building partnerships for capacity and resource sharing.

Lending for farming ventures among low-income borrowers in climate change vulnerable areas can be done by banks after all. This, according to Wilma A Tepan, manager of the Cabadbaran City Branch of the People's Bank of Caraga, has been what her bank had realized after it saw signs of success in the test run of the scheme the bank has designed and implement in partnership with the CCAP in Agusan del Norte.