A mining firm in Tubay, Agusan del Norte province has started to implement its livelihood programs to marginalized residents as part of its Social Development and Management Program (SDMP) 2018.
Several fishing boats, sari-sari stores, food processing business, and hog raising implements among others, were turned over to identified organization and individual residents in direct impact areas.
Jacquelou Modar, ComRel Manager of SR Metals Inc. (SRMI), said the big percentage of the program is apportioned for livelihood projects as it sees its importance in uplifting socio-economic conditions among Tubaynons.
“Out of 75 % allocation of the Development of Host and Neighboring Communities component in the whole SDMP, more than 40% were apportioned for livelihood programs,” Modar said.
SDMP fund is derived from 1.5% Operating Cost of the company in a year divided into three (3) major components namely, Development of Host and Neighboring Communities (75%), Information, Education and Communication Officer (15%) and Development of Mining Technology and Geosciences (10%) as per mandate of the law through the DAO 2010-21 or the IRR of Philippine Mining Act.
Mary Antonnette Jumao-as, a member of Agape Tagmamarkay Christian Association, which received Food Processing Business expressed its gratitude to the company for the project support.
More of livelihood projects such as hollow block making and agro enterprise development are set to be implemented in one of these days. By JD