Form B

DEPARTMENT: Quedan and Rural Credit Guarantee Corporation

Description of Total Program/ ResponsibleKey Programs/ Program/ Department Department FY Program Project Bureaus/

DEPARTMENT TARGETS ON KEY PROGRAMS AND PROJECTS

y g g p p g jProjects Project FY 2011 Actual 2012 Targets Project Budget for Delivery Remarks

Objectives Accomplishment Milestone Budget FY 2012 Units(in PM) (in PM) (in PM)

(1) (2) (3) (4) (5) (6) (7)Q1 Q2 Q3 Q4

Quedancor has been under rehabilitation since 2007. Per instructions of theCredit Facilitation Services Provides credit and guarantee cover 2.68 560 852.816 Field Operations 192.75 150.79 113.71 102.75 Governing Board, operation is focused on collection of trade receivables and

for agri-fishery and livelihood projects sale/lease of acquired assets. Implementation of AFLIP-FARE program wasof borrowers with insufficient or lacking also stopped effective September 2012.in collate al

FY 2012 Bureau/DeliveryUnit Targets/Milestone

(8)

in collateralAGFP-QUEDANCOR Guarantee Program was crafted to provide more credit

° Encourage wider participation of guarantee assistance to cooperatives specifically small farmers and fisherfolk lending institutions to finance viable to undertake projects on production of palay and other commodities. agri-fishery and livelihood projects AGFP-QUEDANCOR Guarantee Program for Coops and RBs will be

implemented in lieu of AFLIP-FARE once approved.° Generate more jobs and reduce poverty incidence in the countryside

° Stimulate growth and developmenti th i fi h t in the agri-fishery sector

Prepared by:

___________________________ 11/9/2012ESTRELLITA M. TAN , OIC/PSO DateApproved by:

Date_______________________________NATIVIDAD B. ANCHETA, Acting Vice-President/ABD

11/9/2012

________________________________ ______________ATTY. ARMANDO CROBALDE, JR. DateOfficer In Charge-President