Trady Money
No Result
View All Result
Friday, November 7, 2025
  • Login
  • Home
  • Banking
    • Loans
    • Tax
    • Bankruptacy
  • Wealth Building
    • Budget
    • Credit Tips
    • Currency Trading
  • Debt Relief
  • Contact Us
  • Pages
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    • Terms of Use
Subscribe
Trady Money
  • Home
  • Banking
    • Loans
    • Tax
    • Bankruptacy
  • Wealth Building
    • Budget
    • Credit Tips
    • Currency Trading
  • Debt Relief
  • Contact Us
  • Pages
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    • Terms of Use
No Result
View All Result
Trady Money
No Result
View All Result
Home Debt Relief

Debt alleviation aid for farmers after Typhoon Mangkhut

by Marco Barrett
October 25, 2025
in Debt Relief
0

Super Typhoon Mangkhut, regionally named Ompong, battered the province of Cagayan within the Philippines on September 14th, 2018, destroying houses, severely affecting agricultural lands and livelihoods, and unfavorable evacuation centers in which residents to seek safety. Residents of the Sitio Laos, Barangay Patong, are nevertheless recuperating from the results of the typhoon.

“Every time it rains, my children get scared that it’ll show up again,” stated Rema Orden, a survivor of the typhoon and mom. “I will never overlook how wet and bloodless my children had been and the way there has been nothing that I may want to do.” Sitio Laos is predominantly a farming network of indigenous peoples who migrated to Cagayan searching for a better lifestyle. Many depend on their harvest for sustenance and stay in poverty, in which fundamental services, consistingasf safe consumption and potable water, are tough to get admission to.

Debt alleviation aid for farmers after Typhoon Mangkhut 1

Given the economic constraints of the network, many small-scale farmers in Sitio Laos have no preference, however, to borrow cash from local investors to buy seeds, fertilizer, and different farming equipment, repaying the loans when they sell their plants. Farmers whose livelihoods are the most at risk of herbal dangers faced the brunt of the impacts of Typhoon Mangkhut, which destroyed their plants quickly, earlier than the harvesting season, leaving families not able to finish the planting cycle or repay their debts.

“My house was destroyed, and I lost a maximum of my harvest,” stated Valentino Gonzalez, a farmer from the Sitio Laos. “I changed into the simplest capable of harvesting 20 bags of rice, which I shared with the other families who were tormented by the hurricane,” he persisted.

Gonzalez is one of the many farmers whose debt has accelerated because of the storm. “This storm doubled our debt because we nevertheless had to buy seeds for the subsequent planting cycle even though we had not been able to promote any of our harvest from the previous cycle,” said Valentino.

ACT Alliance member Christian Aid, in partnership with the Humanitarian Response Consortium and the City Disaster Risk Reduction Management Counci,l answered the wishes of the most affected citizens of Sitio Laos. An unconditional cash transfer of USD 48 (primarily based on the minimumonthlyth salary) was dispensed to two hundred and fifty of the most vulnerable families in November 2018 to assist them in getting through the season.

“Typhoon Ompong has had a big effect on our lives. The cash transfer has helped us to satisfy our everyday desires and the needs of our children,” stated seventy-8-year-antique Kag Asiad Gonzales. While some households used the unconditional cash transfer to restore their homes and clear their debt, different families faced high-quality problems getting returned on their feet.

“Before my husband died, we worked very hard to construct our house. Typhoon Ompong has destroyed it. I am now living in my small store beneath a tree. Now I am the handiest one working to repay our money owed, so it has doubled. With the assistance of ACT Alliance, I had been able to repay a number of my debts and buy a few rice. I have additionally stored a small amount of cash in case there’s some other emergency,” stated indigenous farmer Charlita Tail.

Despite the demanding situations faced by the residents of Sitio Laos throughout and after the hurricane, a spirit of Bayanihan (network team spirit) prevailed. Residents shared whatever harvest theyweren able to salvage, and those whose houses remained intact took in other contributors of their Barangay.

“We planned to get to the evacuation center; however, galvanized iron sheets had been flying due to the strong winds, so we went to our neighbor’s residence as a substitute. We concept that there was no hope for another day, but we prayed as our own family, requesting the guidance of the Lord. In times of catastrophe, the affection of own family will become more potent,” stated Laramie Bayangan.

Eighty-one-year-old pioneer settler to the Sitio Laos, Juan Bainan, also emphasized the harmony of the residents, “Even though all of us came to Laos from one of a kind tribes, through every catastrophe our spirit of Bayanihan has remained robust. I am proud to see that peace and cohesion prevail mainly.”

Previous Post

Stephanie Garland: Debt ‘relief’ can cause larger complications

Next Post

The contemporary tendencies within the debt series system

Next Post
The contemporary tendencies within the debt series system

The contemporary tendencies within the debt series system

No Result
View All Result

Today Trending

  • Mortgage Forgiveness Relief Act: Find out if you are Eligible

    Mortgage Forgiveness Relief Act: Find out if you are Eligible

    0 shares
    Share 0 Tweet 0
  • Foreign Currency Chase Bank: 10 Tips To Help You Succeed

    0 shares
    Share 0 Tweet 0
  • Home Loan vs Loan Against Property – Which Is a Better Option?

    0 shares
    Share 0 Tweet 0
  • Banking Industry Case Studies to Make Your Own Analysis

    0 shares
    Share 0 Tweet 0
  • 5 ways to make 1 million in a month

    0 shares
    Share 0 Tweet 0

Recent Post

Student Loans Are A Scam

Student Loans Are A Scam

November 6, 2025
10 Best Law Schools in America – How To Find The Right School For You

10 Best Law Schools in America – How To Find The Right School For You

November 6, 2025
How to Make Your Own Credit Cards Comparison Sheet

How to Make Your Own Credit Cards Comparison Sheet

November 5, 2025
  • Home
  • About Us
  • Anti Spam Policy
  • Contact Us
  • Cookie Policy
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
  • Terms of Use
Mail us:admin@tradymoney.com

© 2025 tradymoney -All Rights Reserved To Us

No Result
View All Result
  • Home
  • Banking
    • Loans
    • Tax
    • Bankruptacy
  • Wealth Building
    • Budget
    • Credit Tips
    • Currency Trading
  • Debt Relief
  • Contact Us
  • Pages
    • About Us
    • Anti Spam Policy
    • Cookie Policy
    • DMCA
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    • Terms of Use

© 2025 tradymoney -All Rights Reserved To Us

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In