28/08/2026
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๐๐๐, ๐๐ ๐๐๐ฎ๐ง๐๐ก ๐๐ข๐๐ ๐๐ซ๐๐๐ข๐ง๐ ๐ข๐ง ๐๐ซ๐ฆ๐จ๐ ๐๐ข๐ญ๐ฒ
โThe National Irrigation Administration (NIA) Region VIII, together with the ๐๐๐๐๐๐๐, ๐๐๐๐๐๐๐, ๐๐๐๐๐๐๐๐๐, ๐๐๐๐, ๐๐๐๐๐๐, ๐๐๐๐ (๐๐๐๐๐๐๐๐) Irrigators Federation of Agriculture Cooperative (FiCo), officially launched its Rice Trading initiative today, August 28, 2026, at Sitio Tabak, Brgy. San Jose, Ormoc City, marking a vital milestone for the local farming community.
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โOrganized on October 13, 2023, LAKKASMO FiCo is the first secondary cooperative under the Bao River Irrigation System (RIS), composed of six active primary cooperatives. With an initial capital build-up of Php 1.2 Million , the cooperative has since engaged in various business ventures.
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โLAKKASMO FiCo received ๐๐ข๐ฏ๐๐ฅ๐ข๐ก๐จ๐จ๐ ๐๐ฌ๐ฌ๐ข๐ฌ๐ญ๐๐ง๐๐ ๐๐ซ๐จ๐ฆ ๐๐๐, ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐๐ซ๐ซ๐ข๐ ๐๐ญ๐ข๐จ๐ง ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐ซ๐๐ง๐ฌ๐๐๐ซ ๐๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ (๐๐๐๐๐), ๐๐ฆ๐จ๐ฎ๐ง๐ญ๐ข๐ง๐ ๐ญ๐จ ๐๐ง๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐๐ฌ๐จ๐ฌ (โฑ1,000,000.00), to support its rice trading operations. This initiative aims to generate additional income for the cooperative and its members, while maximizing the potential of the primary cooperatives covering a total service area of 2,482 hectares.
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โThis is one of the objectives of the NIA Administrator Engr. Eddie Guillen, to empower Irrigators Associations (IAs) and Irrigators Service Cooperatives (ISCs) to expand their sources of livelihood, ensuring sustainable development beyond farming.
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โAdditionally, LAKKASMO FiCo has secured a contract with the City Government of Ormoc to supply 37,311 sacks of rice (10 kilos per sack) at โฑ500.00 each, with a total contract value amounting to โฑ18.6 Million, through the Sagip Saka Act.
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โWith this breakthrough, LAKKASMO FiCo is positioned to achieve greater financial independence, secure better market prices for farmersโ harvests, foster sustainable economic growth within their barangay, and build stronger, self-reliant farming communities.
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โโ๐๐ฏ๐จ ๐ญ๐ช๐ท๐ฆ๐ญ๐ช๐ฉ๐ฐ๐ฐ๐ฅ ๐ข๐ด๐ด๐ช๐ด๐ต๐ข๐ฏ๐ค๐ฆ ๐ฏ๐ข ๐ช๐ต๐ฐ ๐ข๐บ ๐ธ๐ข๐ญ๐ข๐ฏ๐จ ๐ฌ๐ข๐ฑ๐ข๐ญ๐ช๐ต. ๐๐ช๐ฏ๐ฅ๐ช ๐ณ๐ช๐ฏ ๐ฏ๐ข๐ฎ๐ช๐ฏ ๐ฏ๐ข๐ช๐ด ๐ฏ๐ข ๐ฎ๐ข๐จ๐ฌ๐ข๐ณ๐ฐ๐ฐ๐ฏ ๐ฌ๐ข๐บ๐ฐ ๐ฏ๐จ ๐ถ๐ต๐ข๐ฏ๐จ ๐ฏ๐ข ๐ญ๐ฐ๐ฐ๐ฃ ๐ด๐ข ๐๐๐ ๐ฅ๐ข๐ฉ๐ช๐ญ ๐ฃ๐ช๐ฏ๐ช๐จ๐บ๐ข๐ฏ ๐ฏ๐ข๐ฎ๐ช๐ฏ ๐ฌ๐ข๐บ๐ฐ ๐ฏ๐จ ๐ฅ๐ข๐จ๐ฅ๐ข๐จ ๐ค๐ข๐ฑ๐ช๐ต๐ข๐ญ. ๐๐ฏ๐จ ๐ต๐ข๐ฏ๐จ๐ช๐ฏ๐จ ๐ฉ๐ช๐ญ๐ช๐ฏ๐จ ๐ญ๐ข๐ฎ๐ข๐ฏ๐จ ๐ฏ๐ข๐ฎ๐ช๐ฏ ๐ข๐บ ๐ฎ๐ข๐ต๐ถ๐ฎ๐ฃ๐ข๐ด๐ข๐ฏ ๐ฏ๐ช๐ฏ๐บ๐ฐ ๐ข๐ฏ๐จ ๐ต๐ช๐ธ๐ข๐ญ๐ข๐ฏ๐จ ๐ช๐ฃ๐ช๐ฏ๐ช๐จ๐ข๐บ ๐ฏ๐จ ๐๐๐, ๐ด๐ข ๐ฑ๐ข๐ฎ๐ข๐ฎ๐ข๐จ๐ช๐ต๐ข๐ฏ ๐ฏ๐จ ๐ฑ๐ข๐จ๐ฑ๐ข๐ฑ๐ข๐ญ๐ข๐จ๐ฐ ๐ฏ๐จ ๐ช๐ฏ๐บ๐ฐ๐ฏ๐จ ๐ฏ๐ฆ๐จ๐ฐ๐ด๐บ๐ฐ, ๐ฑ๐ข๐ณ๐ข ๐ฎ๐ข๐จ๐ช๐ฏ๐จ ๐ฎ๐ฐ๐ฅ๐ฆ๐ญ๐ฐ ๐ฌ๐ข๐บ๐ฐ ๐ฏ๐จ ๐ช๐ฃ๐ข๐ฏ๐จ ๐ฎ๐ข๐จ๐ด๐ข๐ด๐ข๐ฌ๐ข ๐ข๐ต ๐๐๐ด ๐ฐ ๐ค๐ฐ๐ฐ๐ฑ๐ฆ๐ณ๐ข๐ต๐ช๐ท๐ฆ๐ด ๐ฏ๐ข ๐ฏ๐ข๐ฏ๐จ๐ข๐ฏ๐จ๐ข๐ณ๐ข๐ฑ ๐ฅ๐ช๐ฏ ๐ต๐ถ๐ญ๐ข๐ฅ ๐ฏ๐ช๐ฏ๐บ๐ฐ", encouraged by Institutional Development Division (IDD) Manager Martin T. Tacloban.
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โAlso attended the event were the NIA Regional Office VIII, headed by Engr. Jaime C. de Jesus represented by Engineering and Operations Division Manager Engr. Jojo A. Arceรฑo; Ormoc City Government Representative Hon. Tomas R. Serafica, Chairperson of the Committee on Agriculture, Fisheries, and Agrarian Reform; the City Agriculture Office; Hon. Renato Ygot, Punong Barangay of San Jose, Ormoc City; NIAns from the Central Office, Regional Office, and BiliranโLeyte del NorteโLeyte del Sur IMO; and the champions of this event โ the officers and members of LAKKASMO FiCo, headed by their Chairman Victor Lugas.
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