LandBank assistance

Alicia Mayor Joel Amos Alejandro (center) inspects the municipal government’s purchase of palay directly from local farmers at premium prices, with support from a P65-million loan under LandBank of the Philippines’ ‘Palay at Mais ng Lalawigan’ lending program. The initiative helps stabilize the local prices of palay and provides a ready and steady market for farmers’ produce. The LGU sells the procured palay processed into milled rice in public markets and other government institutions. The LGU also signed lease contracts with millers and warehouse owners to set up a streamlined rice milling arrangement in the area.