SHEEP FARMING PARTNERSHIP: A Novel Scheme For OFWs And Other Investors That Guarantees At Least P2,500 Return A Year For Every P10,000 Investment.

Here’s one novel investment scheme for those who are keen in going into agriculture. It is called Sheep Farming Partnership which is being offered by Novatech Food Industries owned by Dr. Ronaldo Sumaoang who has mastered sheep production using his own formulation of fermented feeds.

Dr. Rene Sumaoang poses with module of 20 female sheep and one ram under the Sheep Farming Partnership scheme.
Sheep love to eat the silage made by Dr. Sumaoang which is enriched with enzymes.

Right now, he has in stock over 300 breeders in addition to young animals of varying ages. The scheme was only launched a few months ago but already a number of OFWs and a couple of locally-based investors have enrolled in the partnership.

Close up of silage for feeding sheep and other livestock.

Here is how the scheme works. The investor buys 20 female upgraded animals that are ready for breeding plus one ram or uncastrated male for P215,000. The animals are raised in confinement in a roofed housing where they are fed with silage made of corn and other materials. Under the scheme, Dr. Sumaoang provides the housing and takes care of the animals, providing the feeds, medicines and labor. The animals are also insured.

Breeder sheep. The target is to eventually have 2,000 breeders so commercial mutton cuts can be produced and sold through the supermarkets.

When the animals are bred and they give birth, usually two times a year, the investor and Novatech divide the lambs equally. The investor can opt to get his share which he may raise by himself or sell it to somebody else. But if he does not want to take his share of the lambs, Novatech will buy the three-month-old lambs at P3,000 per head.One other option. Novatech guarantees payment of 25% per year of capital invested.This means payment to investors P2,500 a year for every P10,000 investment.

The partnership will run for three years. All the lambs produced during that period are shared equally by the investor and Novatech. After three years, the investor can opt to pull out the animals. Or he can sell them to Novatech at 80 percent of the original cost. By that time he shall have made money from his share of the offspring.

Dr. Rene Sumaoang is savoring the sweet aroma of corn silage.

Dr. Sumaoang believes that this is a win-win scheme for both the investor and Novatech. Dr. Sumaoang said he has thought of the scheme so that sheep could be produced in big scale that will eventually result in him being able to supply mutton to the big supermarkets.

Eugene Gabriel and Dr. Rene Sumaoang are checking the corn cob silage enriched with enzymes and other ingredients. It is relished by sheep and other ruminants.

At this point, the order of the day is to multiply the breeders so that in a few years, the partnership scheme will be able to produce at least 2,000 breeders that will produce offspring for fattening and slaughter. By that time, special cuts and other ready-to-cook cuts could be made available to the big supermarkets.

Dr. Sumaoang is aspiring to supply the biggest chain of supermarkets in the country with different cuts of mutton. He is very confident that he can easily convince the owners of the supermarket chain because he already has a track record of producing two “Bonus” products for them the past many years.

Eugene Gabriel holding a lamb at the Novatech Farm during a visit. His group is collaborating with Dr. Sumaoang to mechanize silage production.
Another order of the day is to produce cheap fermented feeds for the animals. And for this purpose, he has made a partnership with a group that can mechanize the planting, harvesting, and chopping corn and other materials for making silage.

Silage is the feed that can provide impetus to small farmers to take care of not only one or two but several farm animals (cattle, goats, sheep) in their backyards. As of now, they usually raise only one or two head because they have a problem of what to feed the animals, especially during the dry season when green grass is usually not available.

Eugene Gabriel appears fascinated with the lamb at the Novatech Farm in Tarlac City.
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4 thoughts on “SHEEP FARMING PARTNERSHIP: A Novel Scheme For OFWs And Other Investors That Guarantees At Least P2,500 Return A Year For Every P10,000 Investment.

  1. NICE TO HEAR ABOUT THE SHEEP FARMING PARTNERSHIP. WE WOULD LIKE TO JOIN N WILLING TO PUT A SHARES IN THE BUSINESS IF YOU ALLOWING ME, HOPING YOUR KINDNESS . BLESS N MULTIPLY THE GOOD HARVEST EVERY SEASON. HAVE A GOOD DAY /

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