Adopt a Seaweeds Farm

PHILIPPINE FUNDS FOR LITLLE KIDS
(The Yellow Boat Community)
Talon-talon, Zamboanga City


“ADOPT A SEAWEEDS FARM PROGRAM”




















Program Concept:

It is a program where individuals, groups or institutions provide funds in form of grant/endowment for the establishment of a Seaweeds Farm Package to be awarded to two or three seaweed farming families depending on the amount of the grant. The said grant amount then will be payable in three years with 12% interest per annum compounded and due quarterly starting the end of 2nd quarter from date of adapted seaweeds farm’s first planting. The adopted farms with the ensuing farming system which they will be and form part of will ensure farmers’ growing revenue and equity while safeguarding the community’s biodiversity is a priority and necessity.


Program Pilot Implementing Area: Sitio Layag-layag, Talon-talon, Zamboanga City

Being a primarily seaweeds growing/farming community and being the prime recipient of programs initiated and implemented by Philippine Funds for Little Kids in cooperation with Tzu Chi Foundation – Zamboanga, Sitio Layag-layag will serve as the pilot implementing site for the program with expansions to areas/sites with PFLK presence and where seaweeds farming is applicable. INTRODUCTION TO SEAWEEDS: http://nerbac9.org/node/45 SEAWEEDS INDUSTRY ASSOCIATION OF THE PHILIPPINES: http://www.shembergcorp.com/#! >How much will an Adopted Farm Cost?

Adopt a Seaweeds Farm Package (For 2 operators/families) – Cost

( 2 units Alol Frames and 1 unit common use Mini-Solar Dryer)

1. Capital Requirements for 1 Alol Planting Frame Module (In Detail)
Capital Requirements for 1 Alol Planting Frame Module (In Detail)
Qty Description Unit Unit Cost Total Farmer
Equity Loan/Grant
1 #22 Polyrope roll 1,850.00 1,850.00 1,850.00
10 25mm x 4' Corrugated bar Spike pcs 350.00 3,500.00 3,500.00
10 Plastic Binder roll 120.00 1,200.00 1,200.00
12 #8 Polyrope roll 260.00 3,120.00 3,120.00
12 Softie Plastic twine roll 110.00 1,320.00 1,320.00
3 Test 110lbs Mono-F Nylon roll 110.00 330.00 330.00
450 PET bottles pcs 0.65 292.50 292.50
7 Large Special Bamboo length 200.00 1,400.00 1,400.00
Sub-total 13,012.50 13,012.50
Labor
7 Frames Materials preparation Man-days 200.00 1,400.00 1,400.00
10 Frame anchor/spike installation pcs 100.00 1,000.00 1,000.00
150 Brand New Single Line Preparation lines 10.00 1,500.00 1,500.00
Sub-total 3,900.00 2,900.00 1,000.00

1000 Startup Seedlings kilograms 4.50 4,500.00 4,500.00
150 Startup Planting labor lines 16.00 2,400.00 2,400.00
Sub-total 6,900.00 2,400.00 4,500.00

Farm frame and seedlings total 23,812.50 5,300.00 18,512.50
Round Off 24,000.00 5,000.00 19,000.00
Multiply by 2 48,000.00 10,000.00 38,000.00

Common Mini Dryer (12 x 18 feet) To be built between the houses
of the 2 recipient families.
Qty Description Unit Unit Cost Total
12 8-10 feet hard bamboo length 100.00 1,200.00
16 14 feet full length bamboo length 135.00 2,160.00
10 20 feet full length bamboo length 175.00 1,750.00
16 Large Bamboo split bundle 75.00 1,200.00
3 Test 300lbs Mono-nylon roll 300.00 900.00
3 Plastic binder roll 120.00 360.00
Sub-total 7,570.00 7,570.00

14 Dryer building labor Man-days 300.00 4,200.00
Sub-total 4,200.00 4,200.00

Mini-dryer total 11,770.00 4,200.00 7,570.00
Round Off 12,000.00 4,000.00 8,000.00
Grand Totals 60,000.00 14,000.00 46,000.00
100% 23% 77%
Divided by 2
Loan/grant amount pertaining to each farmer 23,000.00

How will the Adopted Farm help the Seaweeds farmers in particular and the community in general?

1. Mutual Liberation – Liberation here does not exclusively and necessarily mean the common redemption from financial indebtedness. Due to high cost of putting up a startup farm frames in Layag-layag, many farmers are currently planting on a shared frames which are actually limited in the first place, negatively affecting the production capacity of the owner. But due to familial and patriarchal responsibilities most Tausug elders assume within their clans and extended families, they share their farm frames with new comer relative, thus limiting further their own output, hence they become mutually enslaved by poverty. By providing at least one whole farm frame to a ‘sharee’ farmer, the ‘sharer’ farmer gets back his whole farm and they both can now have the chance to grow more seaweed and generate bigger income.
2. Projected Revenue – Each recipient farmer family operating a new technique planting frame will generate a bi-monthly (based on the 60 days planting to harvest cycle) net income of 17,109.47 based on the following computation:

One (1) Alol Planting frame projected Revenue (First Year)



Description Qty Unit
Single lines 150 lines
Less: Internal germplasm 40 lines
Net for dry harvest 110 lines
Multiply: Estimated/projected Dry weight per line* 5 kilograms
Total Weight 550 kilograms
Average Selling/Buying price (in Php) 40.00
Sales 22,000.00
Less: 2 months Loan amortization (( 2,485.79/3) x 2) 1,657.19
Net before compulsory CBU & Dev't Fund Contribution 20,342.81
Compulsory CBU Contribution** ((17,000/12) x 2)) 2,833.33
Development Fund Contribution (5% of Gross Sales) 1,100.00
Net due to farmer 16,409.47
Less: Self Employed PHIC Premium*** (2 months) 400.00
Farmer's net take home 16,009.47
Monthly Average 8,004.74

Notes: * The projected dry harvest weight per line is based on a trial farming using the standard line length of 15 meters less loops.
** Compulsory Capital Build Up (CBU) contribution is contained in the growth and equity program section.
*** Philhealth (PHIC) premium/membership contribution will be the priority social uplift initiative with Social Security (SSS) and Home Development Mutual Fund (Pag-Ibig) in line with growth and equity.


3. Growth and Equity Scheme – Growth and Equity are assured with the compulsory CBU contribution leading to the farmers’ full ownership of the evolving social enterprise into a full pledged self-help organization in the form of a Multi-Purpose Cooperative. The CBU contribution amount is computed based on the average cost of 1 Alol frame which is to be built as annul expansion to existing farm frames with the vision of each farmer member operating with at least five alol frames each.
4. Social Uplift Initiative – The adopted seaweeds farms will collectively form or be a part of the community based and people owned social enterprise evolving into a full pledged Multi-purpose Cooperative where farmer/grower members are owners in terms of capitalization and equity and are legal employees in terms of benefits per Department of Labor and Employment standards. Hence, in due time, (as the enterprise grows with the allocated farm sizes) the farmers will become large owners at the same time highly paid employees.

How will the farms be operated and the funds released?

Contract growing Farming system – a farming system where an enterprise supplies and provides inputs to farmers in kind (actual needed materials) and technical assistance and have the exclusive privilege to buy the farm outputs on an agreed terms and conditions.
The farms will be operated applying a ‘Contract Growing Farming System’ where funds and endowments, project cost and revenues are kept and accounted for by the enterprise’ finance division (which is currently and temporarily handled by Tzu Chi Foundation – Zamboanga). The farm operations – being handled by the field directorate for community livelihood developments (composed of volunteers and farmers) will request and only receive materials from the finance division which will be subsequently awarded to recipient farmer with implementation monitoring and operations directions. Operations directions include but not limited to recipient selection; site, farm dimensions and seaweeds specie/variety matching; scheduling; pre and post-harvest quality control. Finance management also include but not limited to general accounting and bookkeeping; project cost accounting; purchasing; marketing.


Who will receive my endowment adopted farm?

The Operations Division with the recommendation of Sitio cluster leaders will determine and evaluate the identity of potential recipient farmers and submit recommending approval based on the following criteria:
a. No personally owned Alol Frame
b. Willingness to join the contract growing farming system
c. Personal commitment to community development
d. Pass interview


When and how will the grant/endowment/loan be paid back?

The grant/endowment/loan will be paid back within three years from release in 11 equal quarterly installments of Php2,485.78 due starting at the end of the 2nd quarter of the first year. The payment scheme and schedule for the loan of Php23,000.00 due from each farmer is presented below:

Period Total Interest Principal Loan Balance
Year 1 1st Quarter - - - 23,000.00
2nd Quarter 2,485.78 690.00 1,795.78 21,204.22
3rd Quarter 2,485.78 636.13 1,849.65 19,354.57
4th Quarter 2,485.78 580.64 1,905.14 17,449.42
Year 2 1st Quarter 2,485.78 523.48 1,962.30 15,487.13
2nd Quarter 2,485.78 464.61 2,021.17 13,465.96
3rd Quarter 2,485.78 403.98 2,081.80 11,384.16
4th Quarter 2,485.78 341.52 2,144.26 9,239.90
Year 3 1st Quarter 2,485.78 277.20 2,208.58 7,031.32
2nd Quarter 2,485.78 210.94 2,274.84 4,756.48
3rd Quarter 2,485.79 142.69 2,343.10 2,413.38
4th Quarter 2,485.79 72.40 2,413.39 (0.00)
Totals 27,343.60 4,343.60 23,000.00
Total Interest paid/earned 4,343.60

Periodic Payments (Php2,485.78)


Commitments:

Recipient Farmers – Being chosen as the cornerstones for our community’s economic development, we will do and give our best in order that our farm outputs will reach and even surpass projections and expectations. Allah Bismillah.

Program Facilitators – With “nation building, one community at a time” in mind we are aware that this effort will not end at Layag-layag community only, rather this is just the start a national and global awakening towards cooperation for growth and equity for humanity and even across species. We therefore commit to protect the funds and ensure that every cent will go to its proper place, gain roots and grow.

Farm Adopters - The Earth’s resources aren’t scarce as we were falsely taught, only that we need to figure out how to utilize by multiplying them. Competition can not save humanity, only for temporary survival of the few. Symbiosis and collaboration allows equal sharing of the earth’s abundance according to each of our needs across species within our global community which we form and are part of. We therefore commit to give our part of and for the wise utilization while multiplying mother earth’s abundant resources.


How to send the “Adopt a Seaweeds Farm” grant/funds?

The Philippine Funds for Little Kids financial management is temporarily handled by Tzu Chi Foundation – Zamboanga and funds are coursed through the foundation’s bank accounts with the following data/information:

BANCO DE ORO SWIFT CODE BNORPHMM

Account Name: Tzu Chi Foundation Zamboanga

Banco de Oro Zamboanga City Branch

Account Number: 3170069688

Please PM Anton Mari H. Lim about your donation since Tzu Chi maintains a separate ledger for this fund.



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