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Dec 19, 2018 @ 12:45

Fishermen gobble on ice-making equipment during 1st fisheries expo

Fishermen across 100 communities have gobbled on ice-making equipment during the first ever Philippine Fisheries Expo held at the World Trade Center Manila yesterday.

“A Flake Ice-Making Machine capable of producing between one to five tons of ice everyday was the hottest item for fishermen from the different regions of the country who joined the expo,” Agriculture Secretary Emmanuel Piñol said.

According to him, the fishermen picked the Flake Ice-Making Machine as the equipment they need most to reduce their post-harvest losses estimated at 40 percent of the total daily catch.

The fishermen, who came from the different fishing grounds all over the country, including areas as far as Pasuquin, Ilocos Norte to the north and Maluso, Basilan to the South, were brought to Manila by the Department of Agriculture’s Bureau of Fisheries and Aquatic Resources to choose the equipment that they need back home.

The machinery and equipment, which were on display by private companies yesterday, will be paid for using a loan fund from the Agricultural Credit Policy Council (ACPC). It will be released through a conduit bank.

To be eligible for the loaning program called Agriculture and Fisheries Machinery and Equipment (AFME) Loan Fund, the fishermen must be organised, endorsed by the Municipal or Provincial Agriculture and Fisheries Council.

They must also undergo a financial literacy training conducted by the SM Foundation which is supporting the DA’s Easy Access Credit Program.

The fishermen’s groups will repay the loan in 8 years at 2 percent interest per annum.



 

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