QUEDANCOR CIRCULAR NO. 373, SERIES OF 2005, July 15, 2005

[ QUEDANCOR CIRCULAR NO. 373, SERIES OF 2005, July 15, 2005 ]

AMENDMENT TO GININTUANG MASAGANANG ANI-COUNTRYWIDE ASSISTANCE FOR RURAL EMPLOYMENT AND SERVICES FOR AGRI-FISHERY MECHANIZATION CREDIT AND GUARANTEE PROGRAM (GMA-CARES-AMCGP)

Circular 117, as amended by Circular 206, is hereby further amended with respect to the following items:

X X X X

6. Statement of Policies

6.1 Loan Purpose

To Provide credit and guarantee for the acquisition and manufacture or fabrication of appropriate machines, equipment and implements by farmers, fisherfolk, agrifishery workers and agri-fishery enterprises, including their organizations (e.g. cooperative/federation/people’s organization).

X X X X

6.5 Loanable Amount

Depends upon the acquisition, manufacturing or fabrication cost of the agri-fishery machinery/implement/structure.

X X X X

10. EFFECTIVITY

This Circular shall take effect immediately.

Adopted: 15 July 2005

(SGD.) NELSON C. BUENAFLOR President and CEO