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Sunday, November 24, 2024

Samal LGU to give loans to cassava farmers

Samal’s local government unit (LGU) said it is committed to extending help to the town’s cassava farmers to improve their livelihood.

Municipal Administrator Jay Lat said the Samal LGU will provide loans without interest to local cassava farmers that they can use to finance their farming.

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He also said that the LGU already linked up with Charoen Pokphand Foods Philippines Corporation (CPF), a multinational company located in their town manufacturing feeds, to procure the harvests of local cassava farmers in a fixed price.

He added a memorandum of agreement will be signed between Samal LGU and CPF for formality.

“Ang gusto ni Mayor Alex Acuzar matulungan talaga mga cassava farmers namin, pautangin sila ng walang tubo, may segurado silang pagbebentahan ng ani nila na fixed ang price kaya hindi sila mangangamba na baka sa mga susunod na araw bagsak na presyo,” Lat
said. 

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