From 1983 TO 1989, Engracio Martin of Brgy. Pag-asa, Rizal, Nueva Ecija worked in Jeddah, Saudi Arabia as an electrician. Even if his initial salary was not much, $380 a month with food allowance in the first three years, it even went down to $320 in the next three years.
Realizing that his employer only wanted to take advantage of the unemployment rate in the Philippines by offering lower salary, he finally decided to go home even if he did not have any definite plan for the future. He was certain that he would be able to manage his financial situation in no time at all. For one thing, he had saved some money from his meager salary and second, since he has a college degree in agriculture from the Sabani State Agricultural College in Gabaldon, Nueva Ecija, he could venture into farming.
When he went home, he bought a tricycle and used it as a public conveyance vehicle. It did not take long before someone mortgaged a hectare of rice land to him for P30,000 and that was the start of his farming. Three years later, an additional 7,000 sq. m. was mortgaged to him again. He drove his tricycle in the mornings and worked in the farm in the afternoons so he would be able to provide well for his family.
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Posted on November 20th, 2008 under Entrepreneurs, Rice. Tags: Entrepreneurs, Farming, PhilRice, Rice. Comments: None