Senator Tolentino Distributes Loan Condonation Certificates to Farmers

On Monday, December 23, Senator Francis Tolentino led a significant initiative, distributing 8,722 loan condonation certificates to 7,225 agrarian reform beneficiaries (ARBs) across Agusan del Sur, Surigao del Norte, and Surigao del Sur. This gesture marks a crucial step in empowering farmers in Mindanao, offering a symbolic Christmas gift from the Marcos administration.

A Meaningful Christmas Gift for Farmers

Tolentino referred to this act as the “best Aguinaldo,” or Christmas gift, for over 7,000 farmers in the region. The condonation covers P289 million in unpaid debts tied to their farmlands, a substantial financial relief that stands to dramatically transform their lives.

A Concise Gesture of Empowerment

In his address during the ceremony at the Agusan del Sur provincial capitol complex, Senator Tolentino emphasized his pride in being part of this momentous occasion. He highlighted the government’s commitment to empowering farmers by eliminating loans that have stifled their growth and productivity.

The Role of RA No. 11953

Senator Tolentino also expressed his honor in crafting Republic Act (RA) No. 11953, known as the New Agrarian Reform Emancipation Act, which was signed into law by President Marcos in 2023. This landmark legislation has paved the way for numerous positive changes aimed at benefiting farmers.

Responsibility and Wise Use of the Gift

In his remarks, Senator Tolentino urged the recipients to use the condonation certificates wisely. “Please utilize this gift to fulfill your plans for your children, your grandchildren, and your community,” he advised. The senator’s emphasis underscores the importance of this opportunity for sustainable development and progress.

The Ceremony and Its Participants

Sen. Tolentino was accompanied by Governor Santiago Cane Jr. and Department of Agrarian Reform (DAR) Undersecretary Amihilda Sangcopan during the distribution. Together, they handed out 8,722 Certificate of Condonation with Release of Mortgage or CoCROMS, covering 12,227 hectares of agricultural lands. The total value of the condoned loans amounts to P289 million.

A Message of Encouragement

Governor Cane reinforced the senator’s advice, reminding the recipients not to sell, pawn, or gamble the condonation certificates. These documents, he and Senator Tolentino emphasized, are not just gifts from the government but also symbols of hope and dreams for each family’s future.

Conclusion

Senator Francis Tolentino’s initiative is a shining example of the Marcos administration’s commitment to agricultural reform and rural development. By redistributing the condonation certificates to the beneficiaries, Tolentino is fostering an environment where farmers can thrive, contributing to a more prosperous and equitable society in Mindanao.

This gesture of goodwill during the holiday season is not only uplifting but also a practical step towards economic empowerment and growth. The road ahead for these farmers is bright, as they prepare to use this financial relief to secure their futures.

As we reflect on the importance of this news, let’s appreciate the efforts of Senator Tolentino and the Marcos administration in uplifting the lives of our farmers. Join us in supporting such initiatives and sharing this inspiring story with others.

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