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CHARMP2 transfers P250K LAF to 4 LIGs in Atok, Benguet

LAF transfer - ATOK

Another four Livelihood Interest Groups (LIGs)are transferred with a total amount of PhP250,000 Livelihood Assistance Fund (LAF) from the Second Cordillera Highland Agricultural Resource Management (CHARM2) Project at Atok, Benguet on May 12, 2016.
The LIG beneficiaries include the Lower Abiang Peoples Organization (PhP50,000), Lower Abiang Farmers Association (PhP 50,000), Chicken Raisers Association of Timbac (PhP 50,000), and the Bonglo Rural Improvement Club (PhP 100,000). These LIGs are engaged with business on relending of agri-products, retailing of commercial rice and vegetable packing materials, relending for free range chicken raising, and enhanced processing of veggie noodles, chips, pastries and candies cum agricultural relending, respectively.
The four LIGs successfully passed the LAF assessment which was conducted the previous months to determine the groups’ performance in managing their LAF, loaned for one year, in accordance to their business plans. They are the first batch from Atok to receive their LAF as grants and another 15 LIGs will soon be receiving theirs within this semester.
Moreover, those groups who passed the LAF assessment will be receiving their LAF not as loan again but as a grant to pursue their proposed and approved business plans for the next cycle. It will no longer be coursed through a Community Financing Institution (CFI) but given directly to them. However, the beneficiaries are required to submit their quarterly accomplishment reports to the Project and the LGU through the Office of the Municipal Agriculturist.
This process is part of the Project’s strategy to ensure that livelihood groups are well capacitated before the LAF will totally be granted to them. Project Manager Cameron P. Odsey said they should now be earning after a year of learning since the LIGs were provided with package of interventions such as the LAF as their capital, learning visits, techno-demo, farmers business school, book keeping and other related trainings.
The Atok Municipal Employees Multi-Purpose Cooperative who served as their CFI also provided them with coaching on bookkeeping during the one year LAF rotation.
Adu iti naadal mi panggep iti panagbusiness karkaro iti proper bookkeeping nga insuro ti CHARMP2 kenyami, nachallenge kami ngem na-enjoy mi ti ar-aramiden mi (We’ve learned a lot about managing a business especially in properly keeping a book as taught by the CHARMP2 to us. It has challenged us but we enjoyed what we are doing),” said Leony Ragus of Bonglo RIC.
Dr. Leonora Verzola, component head of the Agirculture, Agribusiness and Income Generating Activities (AAIGA) component of the Project, further advised the LIGs to apply for accreditation to the Department of Agriculture through the Municipal Agriculture and Fishery Council (MAFC) such that they can always avail services and assistance from the agency and other agencies.
The provincial and municipal local government units also committed to continue to provide technical assistance to the groups and at the same time conduct monitoring to ensure that the groups are still actively pursuing their business ventures.// Crislyn Fianza Balangen
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