Re-broadcast: RBAP signs MOU with PCIC

RBAP signing of MOU with PCIC on April 24, 2012

The scorching heat that enveloped the metropolis may have deterred some from venturing out last April 24, but representatives from both RBAP and the Philippine Crop Insurance Corporation were not at all troubled as they met and sealed their partnership in support of the government’s effort to uplift the lives of small farmers and fisherfolk through the Food Staples Sufficiency Program (FSSP).  Witnessed by none other than Department of Agriculture Secretary Proceso Alcala and Usec Berna Romulo Puyat, President Ian Pama and Executive Director Vicente Mendoza signed the Memorandum of Understanding with counterparts Atty. Jovy Bernabe and Mr. Norman Cajucom of the PCIC at the NIA premises in Quezon City.  A timely agreement, the FSSP is the government’s answer in helping the farming community cope with the increasing effects of climate change on crop output.

As a signatory, RBAP is given the task of “formulating policies that recognize the importance of agricultural insurance as a mechanism in helping manage risks in agricultural lending and investments.”  Another responsibility is for the association to “facilitate cooperation between member banks and PCIC regional offices”, especially when the insurance programs are being implemented.

One of the worthy undertakings of this MOU is the planned Road show/Workshop in select areas in all the three main island groups. A joint sectoral undertaking, topics that will be discussed are on Agri-Lending and Agri-insurance for farming and fishing communities.

For more information on the various crop and livestock insurance schemes, just go to our Slideshare account, or you may also download the attachments below.  You may also click the links below to view the contact details of the PCIC Regional Offices.

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