JVOMFI is a Farmer’s Ally

Mrs. Marivic Tuglin needed additional capital for their farm and from invitation of neighbors in Shilan, La Trinidad she started to be a client of JVOMFI. In 2016, she first used her loan to buy garlic, lettuce, and Chinese vegetable seedlings

During harvest season, buyers called “arangki” in local dialect, come and buy their produce, and these buyers transport and sell them in Metro Manila. However, if there are over supply of harvests the arangkis cannot buy them all so they sell the extra produce in the market or in the trading post.

As a client of JVOMFI for five years Mrs. Tuglin, is thankful to JVOMFI since it is a big help to them, especially during the times were the prices of vegetables go down and nothing is left for capital, they borrow from JVOMFI and use it to fund their farms for another cycle of sowing. “JVOMFI made a big contribution in times of need for our family. JVOMFI staff are easily approachable and it is easy to borrow from JVOMFI,” she said.

During the pandemic, we were severely affected, the prices of vegetables were down. No one is buying the vegetable due to lockdown and restrictions everywhere, unsold vegetables were damaged. Despite all these they continued planting and sowing and looked for other means to generate income. Mrs. Tuglin saw the demand for plotted plants so she also tried planting flowering and ornamental plants. They were able to profit from selling potted plants and thankful for the capital they borrowed from JVOMFI even during this pandemic.

Mrs. Tuglin is on her 10th cycle of loan. In her five years as client with JVOMFI she also availed emergency loan to augment educational expenses of her children.

She advices her fellow farmers and clients to do well in farming, make sure to use loans accordingly, just use it for its intended purpose, so we can see the returns and can help us in our everyday expenses.