Established in 2004, the SPPAQFI Bagsakan Center then had a profit-driven management system that was unfavorable to both traders and farmers. This led to its irregular operations and eventually, its fall.
In 2007, Congressman Proceso Alcala took over the management of the center. Armed with a vision of helping Sariaya’s farmers achieve a better quality of life, Alcala re-established the bagsakan into an institution and assigned Arnulfo Mañalac as its administrator.
Initially, the office of the congressman paid SPPAQFI’s operational costs. Now, the foundation acquires funds by charging farmers a participation fee of P2 per kilo of vegetables.
The foundation buys seeds and fertilizers from private companies. The companies were skeptical then about the ability of the foundation to handle a huge amount of credit. Eventually, the increase in the distributors’ sales encouraged the companies to transact directly with the foundation.
In some cases, farmers intentionally did not pay off the inputs with their produce. Thus, SPPAQFI decided to transfer the management of loans to the rural banks. This awakened a sense of responsibility among farmers who now pay off their borrowed capital.
To guarantee further that the farmers would deliver their produce to the bagsakan center, SPPAQFI provides them with production inputs.
Located in Sariaya Quezon