The Cooperative Development Authority of Region 10 conducted a Turn-over ceremony of financial assistance to 61 coconut farmer cooperatives last December 21, 2022 at the 10th floor of Mallberry suites Business hotel, Limketkai, Cagayan de Oro City.

This is in implementation of RA No. 11524 which is the Coconut Farmers and industry Trust Fund Act and Coconut Farmers Industry Development Plan (CFIDP) under the major component on organization and empowerment of coconut farmers through cooperatives. The purposes of this act are to attain increased incomes for coconut farmers, alleviate poverty and achieve social equality.

The activity was attended by the CDA Board of Directors headed by Usec. Joseph B. Encabo, CDA-10 Regional Director Aminoden A. Elias, PCA-10 Regional Director Manuel Octubre, Provincial Governor of Misamis Oriental, Hon. Peter Unabia, the CDA LGU partners particularly the PCDO and MCDOs of Misamis Oriental, CDA-10 Supervising CDS, Ms. Marissa Catubig, the CDA Head of the Cooperative Project Development Assistance Division, Ms. Edilberta Balaba and by some CDA-10 personnel.