What KasKasan Buddies Changed About How Filipinos Handle Money

KasKasan Buddies has helped make money conversations less intimidating by giving Filipinos a space to ask questions, share experiences, and learn without judgment.

JEG Tower Switches To COREnergy To Power Cebu’s Business Community

JEG Tower partners with COREnergy to power Cebu’s business community through more strategic and stable energy management.

From Credit Card Hacks To A Movement: How KasKasan Buddies Grew Into A Financial Literacy Community

KasKasan Buddies grew from credit card conversations into a two-million-member community helping Filipinos navigate financial literacy, digital safety, and smarter money decisions.

Monde Nissin Reports Record First Half Core Net Income Attributable To Shareholders Of PHP5.5 Bn, An Increase Of 16.1%

Monde Nissin reports stronger first-half earnings as revenue growth, margin gains, and disciplined cost management support its performance.

Albay Farmers’ Coop Receives PHP1.5 Million Tractor

A PHP1.5 million tractor has been delivered to Albay Farmers’ Coop, enhancing their agricultural capabilities and income potential.

Albay Farmers’ Coop Receives PHP1.5 Million Tractor

1,494
1,494

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

A farmers group in Albay received a PHP1.5-million four-wheel farm tractor from the Department of Agrarian Reform (DAR) to help boost agricultural productivity and improve the earning capacity of agrarian reform beneficiaries organizations (ARBOs).

The machinery was turned over to the Samahan ng mga Agraryong Magsasaka sa Pag-Unlad, Inc. (SAMPI) during a ceremonial signing of the memorandum of agreement in Ligao City Monday.

In an interview on Tuesday, Warren Sambajon, DAR-Albay Climate Resilient Farm Productivity Support Project (CRFPSP) point person, said the tractor will increase both the cooperative’s productivity and income by 10 percent.

“This project directly supports DAR’s long-term goals. It will not only enhance farm mechanization and productivity but also improve the economic stability of our ARBS,” he said.

He said the use of the tractor will reduce production costs by approximately PHP5,000 per hectare.

After the turnover, SAMPI members participated in the first session of a six-part corn check training, which focused on land seed selection.

He said the initiative was part of the CRFPSP on major crop-based farm productivity enhancement and sustainable livelihood support.

“Our goal at DAR is to equip ARBOs with the capability to sustain their agricultural operations, ensure food security, and achieve long-term rural development,” Sambajon said.

He said technical and development training will be provided to beneficiaries to ensure the proper use and maintenance of the tractor.

“The DAR will prepare quarterly project reports and tracking of the project status using the required forms. There will be periodic inspection, supervision, and monitoring as well. There will also be quality assurance and final inspection of the project,” Sambajon said.

SAMPI president Angelita Plodario said the farm tractor is a valuable asset, not only for the group’s 59 members but also the corn farming community.

“Makakagaan po ito sa aming pagsasaka. Maraming salamat po sa DAR at hindi pinababayaan ang SAMPI. Wala pong sukuan, walang iwanan (This will ease our farming work. We are deeply thankful to the DAR for never neglecting SAMPI. There is no giving up, and no one gets left behind),” Plodario said in a news release. (PNA)