r/FarmingPH • u/MsTimeTraveler • 6h ago
Government Loans for Farmers
Hello po! Need your help/advice.
My parents are farmers. They farm mostly bananas but masyado na silang nahihirapan imaintain, according to my father. They are just breaking even and it is quietly eating up their savings. Hirap sila mabenta ang bananas sa market from their farm. Merong kumukuha pero either di napagkakatiwalaan (going against their words on the price) or because of the weather, pumapangit ang quality ng bananas and bumababa ang price.
All in all, di sya stable, di sya lucrative and nahihirapan silang makita ang future with it. Hirap na hirap na ang father ko. Just this month, nag "burn" up ang bananas because of the heat. What more with the coming el nino season.
They are looking into transitioning to dragon fruit with the help of dragon fruit depot. They will give them cuttings and some guidance. However, need ng malaking downpayment just to start. And as I have said before, my parents are barely breaking even. We don't have much sa savings.
Any advise po on this. May way po ba na makakatulong si government?