DV Boer Farms Now Free To Resume Business
By Rose de la Cruz
With the recent lifting by the Securities and Exchange Commission of its advisory against DV Boer, a modern livestock farm technology that was introduced in the country in 2014, the company is now back in business though a bit hard-pressed to win back the confidence of its investors, employees and shareholders.
The SEC issued an advisory against the company in April 2019 but of late lifted the same when it recently ruled the case settled “without any determination of guilt or fault on the part of DV Boer Farm International Corporation.”
Vindication is such a sweet victory, said Dex Villamin, president of DV Boer, the company that introduced the “Paiwi” program that is now widely accepted by Filipino backyard farmers where chicken, pigs, goats, cattle owners can contract a neighbor or close associate to grow and nurture the animals until such time that they are ready to be sold, milked for eggs/offspring or slaughtered for meat.
“Our Paiwi program was designed to genuinely help boost Philippine agriculture thru organized livestock raising,” says Villamin.
DV Boer offered the unique Paiwi business program to help traditional poultry farms and livestock growers to earn more and develop their farms into efficient, profit-oriented ventures. Aside from helping them earn more and produce more, DV Boer also educates them on how to run the business properly by providing new technology and best practices.
Villamin said that his advocacy is to uplift the lives of the farm owners and bring Filipino agribusiness to global standards. He says he can live comfortably with all the earnings from his farms and other business ventures but still conceptualized this unique program to help his co-farm owners and operators.
“With this great development, we can now start the cleansing process of our once proud brand that would lead to the recovery of our business for all our employees, stakeholders and communities,” Villamin further stated.
He said that since the SEC issued the advisory, DV Boer was hard- put in finding funds needed to keep the business. With their bank accounts closed, the banks refused to accept new accounts in the name of the company, adversely affecting the operations. This was aggravated when Taal volcano erupted in early January since most of the partner farms located in Batangas cannot collect free forage around the area due to ashfall.
“As you can see, despite these major obstacles, we still plodded on and fought for our principles and advocacies. Our hardships have not gone for naught with this SEC ruling. Now our main concern is to revive the business and grow it so we can continue to fulfill our obligations to our partners, people and communities. We promise our stakeholders that we will continue to enhance and speed up our operations and livestock production through the application of new technologies,” Villamin said emotionally.
DV Boer initially started as a successful breeding farm in Batangas of high quality, full-blooded Boer goats from Australia. Its early advocacy was to educate and assist small farmers in goat farming. It grew because of its commitment to excellent farming technologies and world-class best practices. The company launched the goat program for beginners to teach anyone about the rudiments of goat farming and how to be successful at it. It was recognized as the first commercial goat stud farm.