The San Isidro Upland Farmers Multipurpose Cooperative (SIUFMULCO), one of the recipients of financial assistance from Philippines-Australia Community Assistance Program (PACAP) through the collaboration with the LGU of Santiago and Lake Mainit Development Alliance (LMDA) proudly reported that the cooperative has almost double its 2007 income compared to the previous four years reported annual income.
As shown in their recorded annual income, SIUFMULCO earned Php117, 174.54 in 2003; Php 92,019.10 in 2004; Php 116, 861.38 in 2005; Php 94, 490.16 in 2006; and Php 220, 851.79 in 2007. The cooperative management declared that the increasing income is due to continues abaca trading and marketing using the purchased one unit delivery vehicle coming from PACAP. The cooperative received fund from PACAP for the abaca farming and abaca product fiber and product trading. Though abaca harvesting is expected to happen only after 18 months, the cooperative has still generated an increase income through abaca trading utilizing the delivery vehicle of the project.
The project has several components that ensures enhancement of agroforestry area established under Community Based Resource Management Project (CBRMP) through intercropping of abaca alternately between fruit trees and coconut palms planted within a one hectare area of each beneficiary.
Currently, SIUFMULCO has the highest buying price of abaca fiber in the locality. They have also established a buying station at Brgy. San Antonio, Remedios Trinidad Romualdes (RTR), Brgy. Mahaba, Cabadbaran, Brgy. Kadahon-dahonan, Santiago and Brgy. Baligiuan, Jabonga all of Agusan del Norte.
The Board Chairperson Mr. Cerilo Bernados and the Coop Manager and Project In-Charge Ms. Leonora Mila attested that PACAP assistance has really helped the farmers in Barangay San Isidro specifically those who helped themselves by planting abaca inside their respective farms. (Forester Omar C. Barillo, FOCAS Project Coordinator– LMDA)