DA boosts onion farming in Iloilo through loan program
The lack of financing limits the capability of majority of onion and garlic farmers in Miagao, Iloilo to increase their production.
This had changed when the Department of Agriculture (DA) provided them with P20 million loan under the Production Loan Easy Access (PLEA) program, a statement showed.
“With the easy access financing made available for Miagao farmers, we are expanding from 40 to 110 hectares of bulb onion production, and from one and a half to 10 hectares on garlic,” said municipal agriculturist Raymundo Monroy.
Through PLEA, Agriculture Secretary Emmanuel Piñol earlier offered a low interest, collateral free financing program to the town during his Biyaheng Bukid.
The government’s plan to expand the country’s onion and garlic production areas nationwide seeks to minimize importation in these commodities.
Because to date, farmers in the country are only producing only 11 percent of garlic and 47 percent of onion’s national requirement.