Published January 20, 2021, 5:00 PM
A cooperative in Pinamungajan town, southern Cebu has partnered with a leading pork producer company to help its livelihood program become more sustainable.
Composed of more than 100,000 members with 29 satellite offices in Cebu, the Lamac Multi-Purpose Cooperative (LMPC) inked a partnership with Virginia Farms Inc., which will offer a buy-back scheme that will benefit the members of the cooperative who are into hog farming.
Through the partnership, Virginia Farms will supply LMPC members with feeds through their Virginia Feeds brand and will also buy the farmers’ hogs upon harvest at a guaranteed price.
The LMPC has received P20 million from the livelihood assistance program of the Department of Agriculture. The LMPC can lend the funds to their members who are already into agriculture-related livelihood or to those who plan to start one.