SurSur Coop avails ₱1.5M grants from DA’s Enhanced Kadiwa
TANDAG CITY, Surigao del Sur – The Magsaysay Multipurpose Cooperative in Madrid received the financial assistance worth Php1.5 Million from the Department of Agriculture (DA) Caraga’s Agribusiness and Marketing Assistance Division (AMAD) on July 19, 2022, in Butuan City.
Ronald S. Malaque, the chairperson of Magsaysay Multi-Purpose Cooperative, expressed his gratitude. He stated that they will use it as working capital and to purchase a delivery truck so that they can easily consolidate the local produce of their farmers.
The financial assistance is part of the Php9.9 Million financial grants in the region to the qualified farmers and fisherfolk cooperatives and associations.
Based on the report, four (4) Local Government Units in the province of Surigao del Norte received the assistance:
- LGU-Burgos - ₱987,000.00;
- LGU-Pilar - ₱1.5
Million;
- LGU-Sta. Monica - ₱4 million; and
- LGU-Placer - ₱300,000.00.
Meanwhile, three Farmer Cooperatives and Associations (FCA) also received their share namely:
- Magsaysay Multi-Purpose Cooperative in Madrid,
Surigao del Sur ₱1.5 million;
- Kangyat Farmers Multi-Purpose Cooperative in
Talacogon, Agusan del Sur got ₱1
million; and
- Nuevo Campo Development Cooperative in San
Benito, Surigao del Norte got ₱612,500.00.
The grants given by the DA accordingly were under the DA’s Enhanced Kadiwa Financial Grant Assistance Program through the efforts of Senator Maria Imelda Josefa “Imee” Marcos.
DA-Caraga Regional Executive Director Ricardo M. OΓ±ate, Jr., thanks Senator Marcos for her support of the Department’s efforts through Kadiwa mainly to assist community-based organizations in operating their Kadiwa stores sustainably by providing them with additional funding.
"Through Kadiwa initiatives, we are empowering our farmers and fisherfolk groups to become more dependable food commodity suppliers to consumers. Under the leadership of President Ferdinand R. Marcos, Jr., we are doubling our efforts to ensure that the food supply and the food prices are within everyone’s reach, "said Director OΓ±ate.
Since its implementation in 2020, a total of 30 FCAs and 4 LGUs benefited from the Kadiwa financial grant assistance with an equivalent amount of ₱26.5 million under the Bayanihan Act of 2020 (I & II), General Appropriations Act 2021, and 2021 fund by the office of Senator Marcos. (NGPB/DA-Caraga/PIA-Surigao del Sur)
