PANABO CITY – In partnership with the Landbank of the Philippines (LBP) through Landbank Countryside Development Foundation Inc., (LCDFI), Davao del Norte State College will serve as a training provider in conducting financial literacy training to the local farmers in the Municipality of Talaingod. The project will form the 1st quarter to the 4th quarter of 2021.
The program aims to improve farmer’s financial management skills and create “agriprenuership” and improve the cooperative’s capacity to deliver quality services to its membership, positively impacting their business performance and operations.
The Landbank would like to tap the expertise of DNSC in community extension services in the fields of agriculture, entrepreneurship, and business.
They believe that “DNSC’s familiarity of local dynamics will play a pivotal role in the program’s successful implementation. They added that the collaborative partnership would genuinely transform our farmers’ lives by making them productive and bankable.
Dr. Joy M. Sorrosa, SUC President III, fully supports the program as this will help our indigenous communities in Talaingod. And she tasked the Research, Extension and Production Division through its extension unit headed by Prof. Samuel Plando together with relevant academic programs to spearhead the said activity.
The training content includes the methodology of sound financial and income management, responsible credit management, understanding the value chain of their crop, basic entrepreneurial skills for farmers, and the importance of managing risks in agriculture.
It targets train more or less 3,000 farmers in the Municipality of Talaingod with a total program funding of more than Php 300,000.
LCDFI is a nonstock, nonprofit organization foundation of the Landbank of the Philippines that embodies Landbank’s commitment to spur development in the countryside, particularly among its priority sectors such as the small farmers and fishers, agrarian reform beneficiaries, countryside financial institutions, MSME’s and overseas Filipino workers.