PRDP sees successful first cycle of a peanut enterprise in Ilocos Sur
The Department of Agriculture (DA) recently saw the completion of the first cycle of a peanut enterprise in Ilocos Sur that was funded through the P27.3-billion Philippine Rural Development Project (PRDP).
DA-PRDP said the Conconig East Farmers Multi-Purpose Cooperative was finally able to start selling fresh and dried peanut seeds in the market and is now looking to grow its production.
It was in 2016 when the cooperative proposed for a P2.3-million Integrated Quality Peanut Seed Production and Farm Service Enterprise, a micro enterprise that will eventually be approved under the Investments on Rural Enterprises for Agri-Fishery Productivity (I-REAP) Component of PRDP.
With the encouragement and support of the Regional Project Coordination Office 1 (RPCO 1) and Provincial Government of Ilocos Sur, the Cooperative continued with the proposal and succeeded in complying with all the requirements.
The proposal was issued a No Objection Letter 1 (NOL 1) in May last year.
Then in November, the Conconig East MPC received one four-wheel tractor with complete accessories, two tricabs, 90 units of plastic drums, and 2,500 pieces of sacks from the PRDPand the Provincial Local Government of Ilocos Sur.
Today, the Cooperative’s proactive initiative and efforts have brought profitable results.
Based on its latest report, the enterprise were already able to exceed its target and sell more than 600 bags of dried and fresh peanut seeds to its members as well as to non-members living in the Municipality of Sta. Lucia.