Southern Leyte State University and LGU-Libagon Launch Groundbreaking Project AMUMA to Transform Local Economies
On August 9, 2024, at the New Executive Building of Libagon, Southern Leyte State University (SLSU) and the Local Government Unit (LGU) of Libagon celebrated the signing of a Memorandum of Agreement (MOA) for Project AMUMA (Advancing Monetary Understanding and Management).
Project AMUMA aims to boost financial literacy and promote agripreneurship among marginalized farmers and fishermen. The initiative aspires to reach 10,000 farmers and fishermen across Southern Leyte, including residents of Limasawa, Tomas Oppus, Libagon, San Ricardo, and Macrohon. Aligned with Sustainable Development Goals #1: No Poverty; #2: Zero Hunger; #4: Quality Education; #8: Decent Work & Economic Growth; and #5: Gender Equality, this project underscores a commitment to comprehensive community development. The program will provide essential training in Financial Literacy and Agripreneurship, aiming to enhance incomes and improve living standards within these communities.
The MOA signing was attended by key figures including Dr. Francis Ann R. Sy, Vice President for Research, Innovation, and Extension Services at SLSU; Hon. Sabina B. Ranque, Municipal Mayor of Libagon; and other notable local and university representatives.
Mayor Ranque pledged full support for Project AMUMA, ensuring the project's success and offering necessary assistance. Dr. Sy, representing University President Dr. Jude A. Duarte, expressed excitement about the project’s potential to create significant economic opportunities in Southern Leyte. Dr. Gladys L. Pascual, Campus Director of SLSU-Bontoc, also delivered inspiring remarks, highlighting the project’s role in setting a positive example for other municipalities.
This MOA marks a significant step forward in enhancing financial and entrepreneurial skills among local farmers and fishermen. The partnership between SLSU and the LGU of Libagon is set to drive sustainable development and strengthen economic resilience in the region.
