Farmers in irrigated areas across the country are gaining greater access to affordable financing and support services as Landbank and the National Irrigation Administration (NIA) partnered to scale up agricultural productivity and financial inclusion.
Building on their long-standing partnership, the bank and NIA have formalized their collaboration through a memorandum of agreement (MOA), that aims to expand financing opportunities, enhance farm productivity, and support food security in irrigated areas by delivering coordinated, targeted support to farming communities nationwide.
Under the agreement, NIA will mobilize eligible farmer groups — including irrigators’ associations (IAs), federations of IAs, irrigators service cooperatives, and their members — while Landbank will provide financing and credit administration under the Agrisenso Plus Lending Program.
“By bringing together irrigation and financing, we align two critical requirements for stronger farm performance. With NIA’s extensive network on the ground and Landbank’s development financing, we are in a better position to support our farmers as they move forward with greater confidence,” bank president and CEO Lynette Ortiz said in a statement.
NIA administrator, Engr. Eduardo Eddie Guillen, said that by empowering the whole agricultural value chain, “we catalyze an economic multiplier effect that drives genuine, inclusive growth across the nation.”
Agrisenso Plus is the flagship financing program of the bank, designed to support agricultural modernization. It offers affordable credit at an interest rate of three percent per annum to small farmers, fishers, and agrarian reform beneficiaries.
As of April 2026, Landbank has released P3.78 billion in loans under the program, benefiting over 15,200 borrowers nationwide. ||
