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Financial Assistance to Nueva Ecija Onion Farmers



Many farmers obtain production loans from loan sharks who charge usurious rates like 5/6. Very often they enter into arrangements with traders who charge 8-10%/monthly interest for loans and compel them to sell their produce at a low price.


TYF recently provided financial assistance to onion farmers in Brgy Arienda, Bongabon, Nueva Ecija who were previously captive to creditor-traders.


TYF joins them in looking forward to a bountiful harvest of red and white onions in March-April 2023.

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