MOU Signing (September 14, 2022)

Author: DA-AFID | 15 September 2022

The Agricultural Credit Policy Council (ACPC) signed a Memorandum of Understanding (MOU) with the Jollibee Group Foundation (JGF) on September 14, 2022 to provide financing and capacity building to small farmers and to tap farmers’ cooperatives and associations (FCAs) as lending partners.

The MOU is composed of six components: Endorsement of JGF partners as potential Partner Lending Conduits (PLC) for ACPC programs; Endorsement of ACPC PLCs for JGF’s agro-enterprise training; Joint provision of capacity building for farmer groups; Provision of ACPC loan products to JGF farmer-suppliers; Documentation of testimonials and success stories; and Monitoring and evaluating the results, effectiveness, and impact of the collaboration. ###(Photos by Alan Jay Jacalan, DA-AFID)