Monkayo, Davao de Oro – The Department of Agrarian Reform (DAR) has granted debt relief amounting to Php 17.7 million to the Ricop Monkayo Farmworkers Agrarian Reform Cooperative (RIMFARCO), a 27-year-old Agrarian Reform Beneficiary Organization (ARBO) in Jaguimitan, Monkayo, Davao de Oro.

This was formalized through the distribution of the Certificate of Condonation with Release of Mortgage (COCROM), effectively freeing the cooperative from land amortization payments.

A total of 132 Agrarian Reform Beneficiaries (ARBs) under RIMFARCO will benefit from the condonation, covering a total area of 278.28 hectares of agricultural land. With this financial burden lifted, the cooperative can now allocate more resources toward improving productivity and agricultural development.

“What we have long awaited has finally arrived, something we never expected. We no longer have to pay a large amount, and our cooperative funds will not be depleted. This has a huge impact on our cooperative. I extend my deepest gratitude to the DAR and our President for this initiative under Republic Act No. 11953,” said RIMFARCO Chairman Danilo Gevero.

The ceremonial awarding of the COCROM was led by DAR-Davao De Oro Provincial Agrarian Reform Program Officer (PARPO) Brenda M. Mendoza, Municipal Agrarian Reform Program Officer (MARPO) Gilberto O. Cajulao, along with other DAR officials and members of RIMFARCO.

Republic Act No. 11953, otherwise known as the New Agrarian Emancipation Act (NAEA), was signed into law by President Ferdinand R. Marcos, Jr. on July 7, 2023. The law mandates the condonation of all unpaid principal amortizations, interest, and surcharges incurred by ARBs for agricultural lands awarded by DAR. Through this landmark legislation, more than 600,000 ARBs nationwide will benefit, covering over 1.7 million hectares of agricultural land.

Under the leadership of Secretary Conrado M. Estrella III, DAR continues to uphold it commitment to empowering ARBs, ensuring that land ownership leads to real economic progress and prosperity. (By: Sheen Claudette Paz-Leyco)

Mahigit Php 17 Milyong Utang ng ARBO sa Davao de Oro, Pinatawad

Monkayo, Davao de Oro – Pinawalang-bisa ng Department of Agrarian Reform (DAR) ang Php 17.7 milyong utang ng Ricop Monkayo Farmworkers Agrarian Reform Cooperative (RIMFARCO), isang 27-taong gulang na Agrarian Reform Beneficiary Organization (ARBO) sa Jaguimitan, Monkayo, Davao de Oro.

Ito ay pormal na naisakatuparan sa pamamagitan ng pamamahagi ng Certificate of Condonation with Release of Mortgage (COCROM), na nag-aalis ng obligasyon ng kooperatiba sa pagbabayad ng amortisasyon sa lupa.

May 132 Agrarian Reform Beneficiaries (ARBs) mula sa RIMFARCO ang makikinabang sa condonation na sumasaklaw sa 278.28 ektarya ng lupaing agrikultural. Dahil dito, magkakaroon ng mas maraming pondo ang kooperatiba upang mapaunlad ang produksyon at agrikultura.

“Dumating na ang matagal na naming hinintay, isang bagay na hindi namin inaasahan. Hindi na kami kailangang magbayad ng malaking halaga, at hindi na mauubos ang pondo ng aming kooperatiba. Malaking tulong ito sa amin. Lubos akong nagpapasalamat sa DAR at sa ating Pangulo para sa inisyatibang ito sa ilalim ng Republic Act No. 11953,” ani Danilo Gevero, Chairman ng RIMFARCO.

Pinangunahan nina DAR-Davao de Oro Provincial Agrarian Reform Program Officer (PARPO) Brenda M. Mendoza at Municipal Agrarian Reform Program Officer (MARPO) Gilberto O. Cajulao ang seremonya ng paggawad ng COCROM, kasama ang iba pang opisyal ng DAR at mga kasapi ng RIMFARCO.

Ang Republic Act No. 11953, na kilala bilang New Agrarian Emancipation Act (NAEA), ay nilagdaan bilang batas ni Pangulong Ferdinand R. Marcos, Jr. noong Hulyo 7, 2023. Sa ilalim ng batas na ito, lahat ng hindi pa nababayarang amortisasyon, interes, at multa ng mga ARB para sa mga lupang ipinagkaloob ng DAR ay pinapatawad na. Dahil dito, mahigit 600,000 ARBs sa buong bansa ang makikinabang, na may kabuuang mahigit 1.7 milyong ektarya ng lupaing agrikultural.

Sa pamumuno ni Secretary Conrado M. Estrella III, patuloy ang DAR sa pagsisikap nitong palakasin ang ARBs at tiyakin na ang pagmamay-ari ng lupa ay magdudulot ng tunay na pag-unlad at kasaganaan.