Loaning activities.
Section 11
SEC. 11. Loaning activities.—Loaning activities of the Administration shall be directed towards: Stimulating the development and operation of farmers' cooperatives. Minimizing the lack of credit as a limiting factor in the expansion of Philippine agriculture. Freeing farmers from the economic and social domination caused by the unreasonable conditions and excessive charges imposed by money lenders for the use of capital Establishing an official policy with respect to agricultural credit which will be flexible enough to permit private financing institutions sufficient latitude in their operations to participate in serving those borrowers having the economic stability necessary for the use of such credit.