PHILGUARANTEE posts 43% growth in agricultural guarantees for H1 2026

State-run Philippine Guarantee Corporation (PHILGUARANTEE) expanded its agricultural credit guarantee operations significantly during the first six months of 2026, driven by increased lending activities among partner lending institutions (PLIs) supporting small farmers and fisherfolk (SFFs).

Citing its latest Agricultural Guarantee Fund Pool (AGFP) status report, total Year-To- Date (YTD) guaranteed loans reached P3.34 billion as of June 30, 2026. This figure reflects a 42.96% increase from the P2.34 billion recorded in the same period last year.

Commercial, thrift, and rural banks led the expansion, accounting for P3.09 billion in guaranteed loans or a 50.63% surge from P2.05 billion in H1 2025. Partner cooperatives likewise contributed to the growth, rising 23.83% to P176.99 million from P142.93 million.

The total volume of enrolled transactions reached 36,821 accounts, marking a 22.52% increase from 30,053 accounts in the previous year. This performance translates to 31,737 unique SFFs assisted during the six-month period, reflecting a 16.16% increase from the 27,321 beneficiaries served in H1 2025.

Outstanding guaranteed loans stood at P2.28 billion across 22,148 accounts as of end-June 2026, up 48.12% from P1.54 billion across 18,207 accounts in June 2025.

Concurrently, PHILGUARANTEE broadened its institutional outreach by expanding its network of active PLIs to 101, up from 91 in the prior year, primarily through the accreditation of additional cooperatives.

PHILGUARANTEE remains committed to encouraging private and public financial institutions to extend credit to the agricultural sector by providing robust risk-mitigating credit guarantee coverage, thereby supporting national priorities in rural development and food security.