This paper looks at the existing credit programs for smallholders, including agrarian reform beneficiaries (ARBs). It also assesses the Agrarian Production Credit Program, which is a program being implemented in collaboration with the Department of Agriculture and the Land Bank of the...

The shift to a market-oriented credit and financial policy was expected to spur rural financing by the private sector that would help usher growth in the agriculture and rural areas. However, the rural areas have continued to suffer from the lack of access to financial services of banks. Despite...