MALITA, Davao Occidental, Feb. 13 (PIA) – Some 100 fisherfolks
from the ten coastal areas in the municipality of Malita, Davao Occidental
received Thursday motorized boats from the provincial government’s livelihood
assistance project.
The project dubbed as Banca Loan Program has given each of the
fisherfolk-beneficiaries in said town the chance to own a motorized boat (small
fishing boat) or banca in the vernacular, which is worth
P30,000 per unit.
Under this special loan window, a fisherfolk-recipient is
required to pay for the unit at least PhP50 pesos a day, and to have it
fully paid in 18 months.
Through the Banca Loan Program, the Davao del Sur provincial
local government unit is also providing the beneficiaries in Malita the
opportunities to avail of the Philhealth scholarship program and food
processing technology.
The barangay captains and the fisherfolks have committed to take
care of the livelihood project and abide by the rules and responsibilities
given them as project recipients.
On the part of Malita LGU, Mayor Benjamin Bautista, Jr. has also
vowed to ensure that the livelihood assistance will be sustained.
Bautista assured that 200 additional motorized banca will soon
be awarded to another batch of beneficiaries in the municipality.
The Banca Loan Program is part of the provincial LGU’s
agriculture and fishery program, one of Governor Claude Bautista’s major
programs, aiming to upgrade the livelihood of the farmers and fisherfolks in
Davao del Sur and Davao Occidental.
The program started implementation late 2013 with a total of 160
fisherfolks from Digos City, and municipalities of Sta. Cruz and Sta. Maria
already benefiting from the project.
After Malita, 150 fisherfolks in Don Marcelino, Davao Occidental
are also expected to receive motorized boats this year from the same program.
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