Step Up team conducted the Economic and Financial Analysis (EFA) for the International Fund for Agricultural Development (IFAD) Project Completion Report (PCR), complying with the guidelines and procedures of the National Economic Development Authority.
In the 6-month engagement, the team actively facilitated stakeholders’ workshops across three regions – Region IX, X and XII in Mindanao, conducted actual site visits to 11 ARC communities to document project highlights, and conducted one-on-one sessions with the local teams, customizing each analysis per identified crop and collaborating with stakeholders to validate findings, fostering inclusive participation and consensus-building. Results presented include financial internal rate of return, economic internal rate of return, net present value, and benefit-cost ratio for the 14 enterprises at the project level. A sensitivity analysis was also done at the project level.
The team is composed of Jean Celeste “Hedz” Paredes as research lead, Engr. Mark Russell Guatno as the data specialist, and Mary Therese “Tet” Pepito as the data validation expert. Team members actively contributed to facilitating stakeholders’ workshops across the three regions. These workshops involved consolidating and validating needed data and information, collaborating with stakeholders to validate the findings, ensuring robust and inclusive discussions, and presenting the EFA results to stakeholders and the IFAD mission team.
The Project ConVERGE is executed by the Department of Agrarian Reform (DAR) to support the Philippine Government’s poverty reduction efforts in 11 Agrarian Reform Community (ARC) clusters located in 10 provinces of Regions IX, X, and XIII. The project was designed to promote sustainable livelihoods for 300,000 farmers producing rice, corn, rubber, coffee, abaca, coconut, cassava and muscovado/coco sugar. The project’s targeted beneficiaries were expected to include agrarian reform beneficiaries (ARBs, 40 000 farmers) and 260,000 other rural workers. CONVERGE comprised of three components: (i) participatory value-chain analysis and planning to link smallholder farmers to existing value-chain systems; (ii) integrated smallholders agricultural and rural enterprise development; and (iii) subdivision of collective certificates of landownership award (CLOA) to facilitate the transfer of land.