Assessing the economic impact of the enhancement of cacao value adding program on local cacao growers and farmers in the municipality of Lasam, Cagayan valley, Philippines

This study assesses the economic impact of the enhanced cacao value-adding program on local cacao growers in the Municipality of Lasam, Cagayan Valley, Philippines. The program, which focuses on processing cacao into value-added products such as chocolate and cacao powder, aims to improve the economic standing of smallholder farmers by increasing income, generating employment, and enhancing agricultural productivity. Using descriptive and explanatory methods, the study analyzes income changes, employment generation, yield and quality improvements, and market access before and after the program’s implementation. Findings indicate an 80% increase in farmer income, a 25% improvement in cacao yield, and a 20% enhancement in bean quality. The program also resulted in an 80% rise in local employment. However, challenges such as limited access to capital, technical knowledge, and infrastructure remain. The study concludes that the cacao value-adding program has significantly contributed to local economic development but requires further support to ensure sustainability.