BROOKE’S POINT, Palawan – LANDBANK continues to strengthen its support for farmers
and other players in the agricultural value chain with the regional rollout of the AGRISENSO
Plus Lending Program in this province, bringing low-interest financing and capacity-building
support closer to more agricultural communities nationwide.
Over 1,400 farmers from the municipalities of Aborlan, Bataraza, Brooke’s Point, Narra,
Quezon, Rizal, and Sofronio Española gathered for the event, reflecting the strong interest of
Palawan’s agri communities for accessible and affordable credit assistance.
LANDBANK President and CEO Lynette V. Ortiz and Bangko Sentral ng Pilipinas (BSP)
Director Mynard Bryan R. Mojica led the launch on 10 October 2025 at Brooke’s Point Event
Center.
They were joined by Brooke’s Point Mayor Cesareo R. Benedito Jr., Narra Mayor Gerandy
B. Danao, and national and local partners from the Department of Agriculture (DA),
Department of Agrarian Reform (DAR), National Irrigation Administration (NIA), Bureau of
Fisheries and Aquatic Resources (BFAR), Agricultural Credit Policy Council (ACPC), and
Philippine Crop Insurance Corporation (PCIC).
“With the continued rollout of the LANDBANK AGRISENSO Plus Lending Program
nationwide, we are deepening our commitment to empower farmers and other agri
stakeholders, including those in far-flung provinces like Palawan. We aim to provide them
with the financing, tools, and partnerships needed to strengthen agricultural productivity and
build resilient livelihoods,” said LANDBANK President and CEO Ortiz.
Inclusive and holistic agri financing
Developed in partnership with the DA, DAR, ACPC, NIA and other private sector partners,
the AGRISENSO Plus Lending Program is LANDBANK’s enhanced value chain-based
financing initiative to provide holistic support to agricultural players.
The Program offers a fixed interest rate of 4.0% per annum for small farmers, fishers, and
ARBs, with competitive rates for their associations and organizations, micro, small, and
medium enterprises (MSMEs), large enterprises, anchor firms, and agriculture graduates.
Borrowers benefit from simplified documentary requirements, free life and credit life
insurance, and expanded access to technical and market support to help boost productivity
and profitability.
The AGRISENSO Plus Lending Program is complemented by the LANDBANK ASCEND
(Agri-Fishery Support through Capability Enhancement for Nationwide Development)
initiative, a capacity-building component that provides farmers and fishers with training on
digital financial literacy, sustainable agriculture, and enterprise development.
As of August 2025, LANDBANK has released ₱1.78 billion in loans under the
AGRISENSO Plus Program, supporting over 12,000 borrowers nationwide. The Palawan
rollout follows successful launches in Pampanga, Cagayan, Isabela, Batanes, Bukidnon,
and Iloilo, with the next rollout scheduled in Negros Occidental later this month.
Strengthening partnerships for growth
The AGRISENSO Plus Lending Program also connects farmers and fishers to market
opportunities through partnerships with anchor firms, such as Kita Agritech Corporation,
Sarisuki Stores, Inc., TAO Foods Company, Inc., Yovel East Research and
Development, Inc., and Unified Tillers Agriculture Cooperative (UTAC).
Santeh Feeds Corporation recently joined the roster of the Program anchor firms
following the signing of a memorandum of agreement with LANDBANK on 07 October
2025 at LANDBANK Plaza in Manila.
The partnership will broaden the Program’s reach to aqua farmers nationwide who use
Santeh Feeds’ products and services. It aims to boost productivity and strengthen the
economic resilience of aqua farmers, while advancing sustainable aquaculture practices
across the country.
LANDBANK remains steadfast in its mission to advance countryside development and
ensure food security by scaling up inclusive and sustainable financing for the agriculture
sector — empowering rural communities and cultivating growth from countryside to
countrywide.
ABOUT LANDBANK
LANDBANK is the largest development financial institution in the country promoting
financial inclusion, digital transformation, and sustainable national development. Present
in all 82 provinces in the county, the Bank is committed to provide accessible and
responsive financial solutions to empower Filipinos from countryside to countrywide.
