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Philippines
Friday, March 29, 2024

Coco confab

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Benedicto Lor Jr., newly re-elected president and chief executive officer of the Coconut Industry Investment Fund Oil Mills Group, addresses the opening of the CIIF Coconut Farmers Cooperatives Organizers’ Conference in Makati City. Lor said CIIF organizers will be deployed in regions and provinces to build coconut farmers cooperatives, which will then set up coconut product buying stations capitalized and funded by a CIIF-guaranteed micro-financing program. This will enable farmers to sell their products direct to CIIF at a higher price and not to unscrupulous middlemen and loan sharks.

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