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Monday, May 27, 2024

Villar cites significance of cooperatives

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Senator Cynthia A. Villar, chairperson of the Senate Agriculture and Food committee, underscored the significant contribution of cooperatives to combat poverty in the Philippines.

She noted that cooperatives are truly the government and the private sector’s partners in promoting agriculture-driven growth and entrepreneurial development.

She believes that nothing can equal the assistance being given by cooperatives in the development of communities, small businesses and the farmers and fisherfolks.

"We cannot simply ignore the very important role of cooperatives in fighting poverty not only in the fields but also in the agricultural communities of our country. And that is really the essence of the existence of cooperatives—to alleviate the lives of our countrymen especially in the rural areas," Villar said.

She said poverty in rural areas, where  farmers and fisherfolks live, has remained one of the country’s problems. She said majority of the poor in the country are in the rural areas and in the agriculture sector.

She added that half of the country's population lives in rural areas and two-thirds are involved directly or indirectly in agriculture.

"So if we can reduce poverty in these areas, we can help avert poverty in the entire country," said Villar who has been advocating the creation of more cooperatives especially those involved in agriculture and supporting their growth.

Villar also said that she fought to retain their tax exemptions under the Tax Reform Acceleration and Inclusion tax package.

Villar said she explained to Finance officials that tax exemptions on cooperatives should not be removed because they need it for their growth so that more will benefit from them.t

Villar also said that she recognizes the most outstanding community enterprises through the yearly Villar SIPAG Awards by selecting the 20 Most Outstanding Community Enterprises every December. It acknowledges good practices or innovations of community enterprises, which create jobs and increase household income.

"As I cited earlier, job creation and livelihood generation are crucial in all of our efforts to reduce and eventually eradicate poverty in our country. But there are barriers and challenges that get in the way. Among which are lack of access to education or training and to entrepreneurial opportunities or support, such as availability of credit," she said.

As members of any cooperative know, she said, entrepreneurship is not all about earnings and profits. She said it also has another aspect, which is social entrepreneurship. Macon Ramos-Araneta

"I myself have transitioned from a business entrepreneur to becoming a social entrepreneur. I have also used my role as a public servant not only to advance the causes of social entrepreneurship, but to establish also my own social enterprises," related the senator known for creating jobs and providing livelihood.

"I have managed to realize my advocacies of livelihood generation and job creation while pursuing another important advocacy, that of environment protection. I have built nearly 1,800 livelihood projects all over the Philippines," she added.

 

 

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