Post
Topic
Board Project Development
Merits 1 from 1 user
Re: [International Donate] Building rice farms in the Philippines Funding goal 0.2B
by
Lorence.xD
on 20/02/2021, 10:52:37 UTC
⭐ Merited by 1miau (1)
I have one question regarding the price of land in the Philippines - specifically in this case the agricultural land that will be used for rice cultivation. I don't know exactly what the size of the land is, but 0.2 BTC is around $10 000 at the current price - so even though you included all the other costs, I was somehow convinced that agricultural land in that part of the world would be much cheaper.

In my country (EU), a large proportion of workers earn that much throughout the year - although there are those who earn perhaps only 60-70% of that amount.
Most farmers in my country(Philippines) do not have their own land and most of them are part of a hacienda or ranch that is owned by the oligarchs. That money that hopefully gets donated might be able to help them pay their debts, buy seeds and buy their food. Filipino farmers are among the poorest in my country and there are only a few that gets lucky because those who asked for more are either killed or removed from the land.