LOAN CEILING ON

CUCUMBER PRODUCTION –
Pickling Type
 BASIC FACTS ON
CUCUMBER
Scientifically known as “Cucumus Sativus L.” and
commonly known as “ Pipino”;

Eaten as fresh or pickled;

Best grown from March to April and October to

November;

Total production is 11,642MT; Area is 1,794 hectares;

Per capita consumption is 0.11 kg/yr;

Import is 897 MT; Export is 8MT;

 PROPOSED LOAN CEILING
Particulars LBP Loan Farmer’s Total
Equity
a. Labor Inputs 15,200 7,600 22,800
b. Material 25,400 0 25,400
Inputs
c. Other Costs 0 4,420 4,420
Sub-total 40,600 12,020 52,620

Proposed Loan 40,000

Ceiling

Debt-Equity 76% 24% 100%

 FINANCIAL ANALYSIS

Net Income P 66,330

ROI 126%
BEP Yield (In Kg) 4,031
BEP Price ( In Peso) 5.00
Debt-Service Cover 2.75
 Proposed Terms & Conditions
Proposed Facility – Agricultural Production Loan
Tenor – 180 days

Interest Rate - Cooperative based on CPI No. 2012-003

SMEs – prevailing rate

Preferably with acceptable market supported by Deed of

Assignment of Purchase Order and/or Marketing Contract; and

An arrangement shall be made with institutional buyer to deduct

loan repayments of borrower and remit to LandBank.
JUSTIFICATION FOR THE ADOPTION OF
THE PROPOSED LOAN CEILING
Included in the approved priority
commodity list per CreCom Res. #13-
• 272, dtd March 19, 2013;

Supports to meet the raw material

requirement for pickling type cucumber
of RAM Foods, Inc. and

Increases livelihood opportunities for

small farmers.
 Types of Cucumber

Pickling Type Slicing/Salad Type

Pickled Cucumber

THANK YOU !