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Thursday, July 31, 2008

 

LandBank offers loans
to ‘malunggay’ growers

 
LAND Bank of the Philippines said it has opened its doors to malunggay growers through the Cooperative Livelihood Assistance Program (CLAP) in Magdalena, Laguna.

Dolly Libunao, who works for the Development Assistance Center Area 4B of Land Bank-Laguna, said the cooperative should however prove to Landbank through a marketing program that the project will generate income.

“If a cooperative cannot pass in a regular lending program of LandBank, there is [the] advocacy program. All they have to secure is a marketing program for the income generating project, to assure the bank that they can pay,” Libunao said.

On June 24, the Enterprise and Sustainable Livelihood Multipurpose Cooperative (ESLMPC), together with the Laguna provincial government and the Sangguniang Kabataan, launched the project titled “Miracle Malunggay: Kikita Ka Na, Lulusog Ka Pa.”

Wilmer Lebria, chairman of ESLMPC, said the program aims to propagate malunggay farming because of the vegetable’s health and nutritional value, as well as its agribusiness potential since coop members would gain additional income.

Lebria said the project also aims to teach the people of Laguna the importance of malunggay, particularly the Sangguniang Kabataan and local governments (LGUs).
-- Ira Karen Apanay

  
 

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