In the first half year in 2016, El Nino caused severe drought hit all over the Philippines, especaially Mindanao Island. It damaged balangon banana production and shipping was drastically decreased. Balangon farmers through ATC have tried to revive banana production through planting new suckers and fertilization.
|Loan received by||Alter Trace Corporation (ATC)|
|Impremented by||Alter Trace Corporation (ATC)|
|Year launched (loan period)||FY2016 (5 years)|
|Loan amount||19,153,793 Japanese Yen （8,627,835 Peso）|