The Department of Agriculture – Philippines’ Kapital Access for Young Filipino Agripreneurs (KAYA) is the first digitized financing program with training and mentoring component which is done through web conferencing.
KAYA LOAN PROGRAM ELIGIBILITY
The KAYA loan program offers zero-interest,un collateralize loans of up to of up to Php 500,000 payable in five (5) years for young agripreneurs, specifically those who are 18 to 30 years old, and are graduates of either formal or non-formal schooling (including but not limited to graduates of agriculture and fishery related degrees from higher education institutions, DA and ATI-accredited programs, TESDA programs, farm schools, and secondary schools with agriculture and fishery-related courses).
HOW TO APPLY FOR KAYA LOAN PROGRAM
Interested persons should visit Metro Manila, but simply get their approved KAYA loan from ATM terminals using their KAYA cash card.Its disbursements and collections will now be done through PayMaya.
PayMaya will allow ACPC’s KAYA partner lending conduits (PLCs) to digitally disburse loans through reloadable cash cards with real-time crediting using a web-based portal.
Through the KAYA cash card, loan beneficiaries will also have access to other PayMaya financial services such as e-wallet account, remittance, bills payment, and fund withdrawal.