Agribusiness of Retired Teachers and Community Farmers Enhanced thru DILP
This powerful quote reflects the role of innovation behind the success of the Agay-ayan Multipurpose Cooperative, Inc. (AMCI). According to its chairperson, Ms. Lydia Objero, AMCI was organized in 1987 thru the help of the Philippine Coconut Authority (PCA) and was subsequently registered with the Cooperative Development Authority in 1992. The cooperative has 240 active members and 180 associate members, consisting of coconut farmers and retired teachers in Barangay Agay-ayan in Gingoog City. Prior to DOLE’s assistance, the Local Government Unit of Gingoog City, as well as the PCA, have been providing credit assistance to the cooperative for their copra trading project. The project was established mainly to uplift the economic status of the cooperative members and to cater the increasing demand of dehusked coconuts and copra.