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KAPATID ANGAT LAHAT AGRI PROGRAM (KALAP) FORUM WITH FINANCIAL INSTITUTIONS. Banks and financial institutions met last March 31, 2023 with Go Negosyo Founder Joey Concepcion and Go Negosyo Senior AdvisersDr. William Dar and Josephine Romero to explore how to ease access to capital for the country’s small farmers. Joining them were pioneer big-brother companies represented by Christian Moeller of Lionheart Farms and James Amparo of Yovel East, who shared with the group how their inclusive models can integrate small farmers into their businesses, thus addressing the perceived risks associated with lending to farmers. The PSAC Agriculture Group’s Michael Tan was also present.
Access to capital is one of the elements seen as essential in ensuring the success of agripreneurs, along with mentorship and access to markets. Financial institutions who participated in the KALAP meeting expressed their support of the initiative. These included the Development Bank of the Philippines, Landbank of the Philippines, Philippine National Bank, Metrobank, Bank of the Philippine Islands, Robinsons Bank, BDO Foundation, BDO Network Bank, CARD MRI, Unionbank, Go Digital, KCOOP, Agribank, Rural Bankers Association of the Philippines, and Agricultural Credit Policy Council.