Financing sugarcane production for Mascubado sugar (2nd term)

Aiming for adeeuate food on the table and better education for children

Negros Island, Philippines is well known as “Sugar Island”. Agrarian Reform Beneficiaries (ARBs), former sugar plantation workers who got their own land through government agrarian reform, are producing sugar cane for Mascubado sugar with an assistance from ATC. Sugar farmers need a huge amount of production fund as it takes almost one year from planting to harvesting. ATC has extended low-interest loan service to 7 producers cooperatives by APF 1st and 2nd loan .

Loan received by Alter Trace Corporation (ATC)
Impremented by Altertrade Philippine Foundation for Food Sovreignty (ATPF)
Year launched (loan period) FY2013 (5 Years)
Loan amount 5,131,640 Japanese Yen (2,094,547 Pesos)



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