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Republic of the Philippines

Department of Agrarian Reform

PBD MES & Library

Mindanao Sustainable Agrarian and Agriculture Development (MinSAAD)

This  development project is envisioned to contribute to the alleviation of poverty thru the development of agri-business, generation of employment, and promotion of peace and order, and thereby in the improvement  of the quality of life of the target beneficiaries and their communities. Generally, it aims to increase household income by enabling the ARBs/farmers and their organizations to engage in more profitable income generating activities on a sustainable basis thru the provision of agricultural and agribusiness development support, rural infrastructure and capacity development in the target settlement areas.

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Goals

The Project supports the country’s specific medium term development plan (or the PDP) objectives for which the Japan‟s Country Assistance Strategy (CAS) is focused.

These are in the areas of:

• Alleviating poverty

• Development of agribusiness

• Generation of employment

• Promotion of peace and order

• Improving the quality of life of the target beneficiaries and communities

Objectives

Objectives: The Project aims to increase household incomes by enabling the farmers and their organizations to engage in more profitable income-generating activities, on a sustainable basis, through the provision of rural infrastructure and capacity building in the target settlement areas.

Specifically, the Project aims to:

1. Increase agricultural productivity, product value and income of ARBs and other small scale farmer
2. Provide organizational capacity building support;
3. Increase competitiveness and sustainability of agriculture in covered areas;
4. Provide or improve the water supply facilities in under-served barangays and sitios as a first step to poverty alleviation; and
5. Enhance environmental conditions in the Project area.

Locations: 3 Regions (7 Provinces)

Region 10 : Bukidnon and Lanao del Norte

Region 11: Compostella Valley / Davao de Oro and Davao del Sur

Region 12: North Cotabato, South Cotabato and Sultan Kudarat

Targets:

11,620 has. For agricultural production development

7,648 has. Agroforestry areas

395 kms FMR

952 lm bridge/RCBC

58 units PHF

27 systems RWS

2,080 has. covered by irrigation systems

Repayment Period & Amount:

Principal I - March  20, 2022 - ¥  129,400,000

                       Sept. 20, 2022 to March 20, 2042 - ¥ 129,365,000

Commitment Fee:  0.1% per annum on total unused loan

Principal II - March  20, 2022 - ¥ 18,520.000

                        Sept. 20, 2022 to March 20, 2042 - ¥ 18,512,000

Project Cost

Total Project Cost: P4,402,735.00
Loan Proceeds: P3,349,994.00
GOP: P1,052,741.00

Loan Closing Date:
Seven (7) years After the effective date of loan agreement

Loan Effectivity     :     July 3, 2012
Loan Closing Date :     July 3, 2020

Interest Rate:

Principal I - (Category A,  B & D) payable semi-annually at 1.4% per annum (Civil Works)

Principal II- (Category C & D)  payable semi-annually at 0.01% per annum (Consulting Services)

Due every March 20 & September 20 of each year. (For 30 years plus 10 years grace)

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