Chapter I
EXECUTIVE SUMMARY
1.1 scheme Title 1.2 Project Site 1.3 counsel 1.3.1 Type : Private Sector Group SEC Registered : organisation of a Coconut Sugar Production Facility : Barangay Tabok, Lagonglong, Misamis Oriental
1.3.2 note Name : Katilingbanong Pamahandi sa Mindanaw Foundation, Inc. (KPMFI) 1.3.3 Contact Person : Hon. Ariel C. Hernandez 1.3.3 Office Address : Balay Mindanaw peacefulness Center 53 A 12th Street, Zone 2, Bulua, Cagayan de Oro urban center 1.3.4 Contact Number : 0822.735946 1.4 Estimated Project Cost 1.4.1 Total Project Cost : P2,036,372 1.4.2 Equity Counterpart : P 110,000 1.4.3 To be Acquired : P1,926,372 1.5 blood line of Fund: Department of Agrarian Reform (DAR) 1.6 Market feasibleness The Food and Agriculture Organization (FAO) of the World Bank report that coconut sugar sweeteners are the single most sustainable sweetener in the world. The Katilingbanong Pamahandi sa Mindanaw Foundation, Inc. (KPMFI) will produce premium consecrate coco sugar made from coco toddy topically known as tuba. The coco sugar will be positioned as the best and wellnessy alternative to commercial rag sugar and artificial sweeteners which is very good for persons with diabetes mellitus and health advised consumers.
Demand data revealed that Philippines have the 10th highest incidence of diabetes oecumenic and an estimated six million Filipinos suffer from diabetes. Given that the initial drive market of the coco sugar project are health conscious and diabetic persons in Misamis Oriental and neighboring areas, fairish projected demand in the next five age is estimated at 1.7 million kilograms and will increase at a rate of 153,136 kilograms per year. Supply of coco sugar on the early(a) hand cannot fully serve both local and trade demand of the product. In Misamis Oriental, Spythe Global Enterprises produces 25 metric hemorrhoid of coco sugar a month and is catering to capital of the Philippines and export markets through its established marketing arm.
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