Issue of April 16, 2017
     
NEWS
Benguet
Mt. Province
 
OPINION
 

67th Courier Anniversary Issue
 
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2 coops receive P8.5 M loan
by DA release

The Department of Agriculture continues to provide assistance to cooperatives in the region.

The Agricultural Credit Policy Council (ACPC) turned over P8.5 million to the Lengaoan Indigenous Farmers Credit Cooperative (LIFCC) and Pakiya Multipurpose Cooperative (PMPC) last April 11 at the Benguet Agri-Pinoy Trading Center. 

The two coops have 852 members combined. The loan is under the Program for Unified Lending to Agriculture (Punla) project in Northern Luzon.

Undersecretary for High Value Crops and Rural Credit, Evelyn G. Laviña encouraged the beneficiaries to develop a five-year plan on how the money will be used. To make the project sustainable, she said their vision, mission and goals have to be reviewed.

“This five-year plan is the desire of every one to be independent. You should help one another to achieve development in the community. This plan will serve as your guide to achieve continuity so you can stand on your own and sustain the loan to achieve your common goal,” Laviña said.

Meanwhile, Joaquin Depalog, manager of LIFCC, said the money will be used for the propagtion of semi-temperate crops. “We’ll be updating our short and long term plans as required by USec. Laviña and the Cooperative Development Authority,” he said.

Depalog hopes that these two cooperatives will form a federation to strengthen their camaraderie for the development of the community.


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