Factors Influencing the Willingness of Backyard Swine Raisers to Avail the Agricultural and Fisheries Financing Program of the Land Bank of the Philippines in Selected Municipalites in Laguna, 2025

Date

5-2025

Degree

Bachelor of Science in Agricultural Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Jaymee A. Cabangbang

Committee Member

Geny F. Lapiña, Maria Angeles O. Catelo

Request Access

For non-UP researchers, requests for access to this material may be directed to the CEM Library at cemlibrary.uplb@up.edu.ph or to the UKDR administrator at uscs-mainlib.uplb@up.edu.ph

Abstract

This study evaluates the factors influencing the willingness of backyard swine raisers to avail themselves of the Agricultural and Fisheries Financing Program (AFFP) of the Land Bank of the Philippines in selected municipalities in Laguna, specifically Los Baños, Bay, and Calauan. The AFFP was implemented in 2013 in collaboration with the Department of Agriculture and the Agricultural Credit Policy Council. The main subjects of the study are backyard swine raisers who meet the eligibility criteria set by the Land Bank of the Philippines. The study determined the socio-demographic and farm profile characteristics of the backyard swine raisers and assessed their financial literacy levels, as well as their awareness, knowledge, and perception of the AFFP.

A total of 68 respondents were interviewed on-site at locations where they were available at the time of the interview, but not on their farms, to prevent the potential spread of African Swine Fever (ASF). Due to the absence of an official list of backyard swine raisers, complete enumeration was conducted, and each barangay in the three municipalities was visited to ensure that all backyard swine raisers were interviewed. The average age of the respondents was 50 years, classifying them as middle-aged. The majority (57%) of the respondents were male. Most of the respondents (73%) were from Bay, Laguna, and Barangay Sto. Domingo was the closest lending center, located approximately 22 kilometers one way from Sta. Cruz. Thirty-four respondents had reached the high school level, and the majority (79%) were married. In terms of household size, 31 respondents reported having 4 to 6 members. The average monthly income of the respondents was 17,000 pesos. For the farm profile, all respondents had at least 2 years of swine-raising experience, with most at the intermediate level. The majority (57%) raised fewer than 10 sows. One out of 68 respondents had other farm income, which was rice farming, earning 50,000 pesos monthly. All respondents owned their swine houses, and 6 were members of a swine association or CDC. The questionnaire showed acceptable reliability after testing. Financial literacy tests adapted from the OECD showed that the majority (94%) had a high level of financial literacy. In the test of awareness, knowledge, and perception, 94 percent had low awareness, while 3 had high awareness and knowledge of AFFP. Despite this, the majority (84%) had a positive perception of the AFFP. Pearson and regression analysis identified significant variables: sex, civil status, years in swine raising, swine heads, perception, household income, and farmer’s home. Recommendations include establishing a swine association in each barangay, conducting financial literacy training, Land Bank collaborating with LGUs for seminars at the barangay level, training for women, and exploring perceptions of Land Bank and other municipalities.

Language

English

LC Subject

Credit control—Philippines, Swine industry, Bank loans

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993.5 2025 A14 B47

Notes

Viewing access to electronic resources is restricted solely to UP Gmail accounts. Any access and share requests from external organizations and personal email accounts will be promptly declined.

Document Type

Thesis

Link to Full Text

Share

COinS