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| Name of Institution | Quedan and Rural Credit Guarantee Corporation |
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| Year of Establishment | Jan 1970 |
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| Background Information | The Quedan and Rural Credit Guarantee Corporation (QUEDANCOR) traces its roots from the ertswhile Quedan Guarantee Fund Board (QGFB) in May 20, 1978 through Letter of Instruction (LOI) 696 and LOI 704 dated June 9, 1978 to implement a quedan-based guarantee program in order to bolster the production and marketing of the country’s two major staples, rice and corn. Its mandate was expanded beginning 1980 to include feedgrains and other agricultural commodities in the guarantee program. QGFB became a Corporation on April 13, 1992 through Republic Act (RA) 7393 or the QUEDANCOR Charter, enlarging its powers and resources to support farmers and rural enterprises and making it a semi-government entity, in which 40% of its authorized capital stock is to be subscribed by the private sector. Under RA 7393, the Corporation is tasked to accelerate the flow of investments and credit resources into the countryside so as to trigger the vigorous growth and develoment of rural productivity, employment and enterprises, thereby generating more livelihood and income opportunities for the disadvantaged rural populace.
Its mission is to modernize Philippine agriculture by institutionalizing a comprehensive financing and guarantee support system for the country's agricultural sector. As a stock corporation, it has an authorized capitalization of P 2 Billion. Overseeing the affairs of QUEDANCOR is a Governing Board composed of representatives from the agriculture, fishery, agrarian, cooperative and banking sectors. |
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| E-Mail | quedan@quedancor.gov.ph |
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| Short Name/Acronym | QUEDANCOR |
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| Percentage of Government | 60% |
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| Membership of Banking Associations | APRACA |
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| Total Number of Outlets | 14 Regional Offices, 63 District Offices (Provincial) and 22 Extension Offices |
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| Address | No. 34, Panay Avenue |
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| Telephone | No. 34, Panay Avenue |
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http://www.quedancor.gov.ph (EN)
