ARITAO, Nueva Vizcaya — The Department of Labor and Employment Region 2 (DOLE RO2) has granted livelihood fund assistance to two farmers’ associations in this municipality.
The beneficiaries are the Bone South Farmers’ Association and Butao Upland Farmers’ Association with a total membership of 112 farmers from the locality.
DOLE-02 information officer Gerardo M. Nicolas said out of the total project cost amounting to PHP1,270,480 for the Agri-farm Supply Store project, the DOLE granted PHP1,125,480 to finance the working capital in the purchase of agricultural supplies and payment of GSIS premium of workers’ membership.
The two organizations shared an equity in the amount of PHP145,000, representing the annual expenses incurred for the warehouse rental, salaries of store clerk & store helpers, permits and licenses and trainings/seminars, Nicolas added.
Nicolas also said the implementation of the said project aims to provide an opportunity for farmer beneficiaries to buy agri-farm supplies at a reasonable price.
Further, it will enhance their productivity through a year-round income generating activity.
Likewise, it will enhance their entrepreneurial skills and capabilities as they are being exposed to actual business venture. PNA-northboundasia.com