Two Phase Livelihood Plan aims to Minimise Risk

by 5m Editor
4 April 2008, at 8:35am

PHILIPPINES - The Bacolod City Government Employees Multipurpose Cooperative will implement the Swine Livelihood Project in two phases, because it considers the business to be “high risk“.

BACGEM's Board of Directors decided to implement the first phase by giving the responsibility to the officers because of the risk of the animals acquiring Foot and Mouth disease, Hog Cholera virus and other related diseases.

The second phase of the project for the members was supposed to be implemented in the last quarter of 2007, but due to the Hog Cholera Virus that hit the swine industry in Luzon, the supposed series of orientation to inform its members was delayed, it added.

The release also said the swine livelihood project aims to provide income to the cooperative and individual members.

The BACGEM, which was started eleven years ago with an asset of P11,595.80, had grown to P72,569,443.06 as of Dec. 31, 2007, it said.

5m Editor