Revolving Fund Downloaded to EFASS partners at Tubod, Surigao del Norte

An initial revolving fund of one hundred eighty seven thousand pesos (PhP 187, 000.00) is released to the household beneficiaries of Enhancing Upland and Lowland Farming Systems and Strengthening of Local Organizations (EFASS) project in Barangays of Marga, San Isidro and Capayahan in Tubod, Surigao del Norte. The Philippines-Australia Community Assistance Program (PACAP) through its partner Alterdev Services Foundation, Inc. approved the initial downloading of fund to the proposed promotion of Sustainable Agriculture projects in the said covered barangays.

Sustainable Agriculture promotion is one of project components of Enhancing Upland and Lowland Farming Systems and Strengthening of Local Organizations, this aims to extend revolving fund support for Sustainable Agriculture adoption/production activities and facilitate farmers access to supply of non chemical-based or low-chemical production inputs and among others.

Projects’ enhancement of productivity through the promotion of Sustainable Agriculture practices and provision of Revolving Fund will focus on the gradual change of the farmer’s viewpoint on a different farming methods.

The provision of Revolving Fund serves as an alternative to formal micro-credit program while at the same time nurturing the concept of savings mobilization. This directly supplements to the technology transfer with the aim of increasing the productivity of farmer-Sustainable Agricultural adoptors engaged in diversified integrated farming system and willing to be involved in group savings mobilization.

The amount released to the organized Production Collectives or interest groups who intend to adopt Sustainable Agriculture technology like Marga Hog Raising Production Collective; Marga Organic Rice Farmers and Kasilak-Marga Organic Rice Farmers of Brgy Marga; San Isidro Diversified Integrated Farming Systems; Sitio Guinub-an Goat Raising Project of San Isidro; Mahucdam Vegetable and Hog and Goat Raising Farmers of Brgy Capayahan.

This fund will be provided to support the needs of farmer-adoptors exclusively for inputs. Most common inputs needed for Sustainable Agriculture technologies applications are the following: livestock for dispersal, forage seeds, organic fertilizer, vegetable seeds, fruit trees seedlings, and poultry stocks among others. Capital support for land preparations such as farm labor, farm animals and farm tools and equipments will be their counterpart. (Emmanuel A. Miraballes, EFASS Project Coordinator)


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