DBP, DA, fintech firm forge alliance to back agripreneurs
DBP President and Chief Executive Officer Emmanuel Herbosa said DBP would serve as a settlement bank to the lending conduits of the Agricultural Credit Policy Council and PayMaya Philippines Inc. in the implementation of the Kapital Access for Young Agripreneurs (Kaya) loan program of the DA.
DBP, DA and fintech firm forge alliance to back agripreneurs
DBP, DA and fintech firm forge alliance to back agripreneurs August 6, 2025 · News State-owned Development Bank of the Philippines (DBP) has partnered with the Department of Agriculture (DA) and a leading financial technology firm to provide accessible financing to aspiring entrepreneurs in the agricultural sector, a top official said.
DBP, DA and fintech firm forge alliance to back agripreneurs
State-owned Development Bank of the Philippines (DBP) has partnered with the Department of Agriculture (DA) and a leading financial technology firm to provide accessible financing to aspiring entrepreneurs in the agricultural sector, a top official said.
DBP, DA and fintech firm forge alliance to back agripreneurs
DBP President and Chief Executive Officer Emmanuel G. Herbosa said DBP would serve as a settlement bank to the lending conduits of the Agricultural Credit Policy Council and PayMaya Philippines, Inc. in the implementation of the Kapital Access for Young Agripreneurs (KAYA) loan program of the DA.
DBP partners with DA, tech firm to support agri-based
The program targets entrepreneurs aged between 18 to 30 years old and offers interest-free loans of up to P500,000, which can be repaid in five years.
- Will DBP be a settlement bank?
- DBP President and Chief Executive Officer Emmanuel G. Herbosa said DBP would serve as a settlement bank to the lending conduits of the Agricultural Credit Policy Council and PayMaya Philippines, Inc. in the implementation of the Kapital Access for Young Agripreneurs (KAYA) loan program of the DA.
- What does DBP do?
- DBP is the eighth largest bank in the country in terms of assets and provides credit support to four strategic sectors of the economy – infrastructure and logistics; micro, small and medium enterprises; environment; social services and community development. As of end-March, DBP has disbursed more than P 371-billion in loans to various borrowers.
- Why is DBP partnering with DBP?
- “DBP takes pride in this partnership which opens a whole new spectrum of opportunities in boosting agricultural productivity, food security and self-sufficiency, and in eradicating poverty and hunger, especially in the countryside,” Herbosa said.
- How much money has DBP disbursed in Kaya loans?
- As of end-March, DBP has disbursed more than P 371-billion in loans to various borrowers. KAYA is DA’s first digitized financing program to support the capital requirements of start-up or existing agri-based projects of young entrepreneurs.
