1. FINANCIAL PRODUCTS: SEAWEED FARMERS By: Jovie B. Antiporta

4. Coastal Based MF Sub sector analysis as a Primary technology in Identifying appropriate Livelihood project Fundable Organizations are: PACs, PAC member NGOs or Associations Bias of project is between and among duty bearers and rightholders Primary Strategy Aquaculture P E F on Framework Environmental Effects Resting the sea Regeneration Address the issued on resource depletion Income Effects Poverty Reduction Increase Organizational Income Increase in Individual Income

18. THE SEAWEED FARMERS

19. Seaweed Farm Activities (One Cropping Cycle) Materials Preparation - purchasing - construction of rafts - tying of seaweeds Planting and Growing Harvesting Drying Jan Feb Mar Apr

20. Revenue per Cropping Cycle 10,350 III. NET REVENUE per CROPPING CYCLE 15,900 Total Peso Sales of Dried Seaweeds P 30/kg Price per kg of Seaweed 530 kg Total Dried Seaweeds 1:10 Fresh to Dried Seaweeds Ratio 5300 kg Total Production (good) 100 kg Less: Spoils 5400 kg Total Yield per cropping II. REVENUE 5,550 Total Costs of Growing/Drying Seaweeds per Cropping 1,406 Labor Costs (P225/day x 2 hrs/d x 1 d/8 hrs x 25 days/mo x 1 month 550 Depreciation of drying facilities 1,956 Cost of Drying x 2 months/cropping) 1,688 Labor Costs (P225/day x 2 hrs/d x 1 d/8 hrs x 15 days/month 1,427 Share of Depreciable Costs 480 Non-depreciable Costs 3,594 Cost of Site Preparation/Planting/Growing Seaweeds I. COST PER CROPPING

21. Begin with one line (150-200kgs) Wait for 2 months until seaweed matures Harvest /Dry/Market Re-Plant (Expand) Wait for 2 months until seaweed matures Harvest /Dry/Market Re-Plant (Expand) Farm Management Harvest-Dry- Sell Replant every week Harvest- Dry-Sell every week Replant every week

22. THE MFIs and SEAWEED FARMING