Mungbean (Vigna radiata) as a Source of Income among Farmers

Abstract

Objective – This study assesses the impact of mungbean (Vigna radiata) as a source of income among San Mateo folks. More specifically, this study aims to measure the benefits of respondents derived from mungbean as a source or additional income and the creation of a database of the generated activities, employment and innovative projects from mungbean. Methodology/Technique – The respondents of the study were 100 mungbean growers that were randomly selected within San Mateo. Data was collected using a structured questionnaire and focus group discussion and was analyzed using frequency and percentage. Findings – The data analysis reveals that mungbean farming generates both income and employment. The findings also reveal that a return of investment of 132.66% per hectare can be generated in producing mungbean. Novelty –This study aims to validate the economic impact of mungbean production among the people in San Mateo, Isabela. It is also the goal of this study to analyze how the production of mungbean helps increase employment in the community. Type of Paper: Empirical. Keywords: Mungbean; Assessment; San Mateo; Productivity; Farmers. Reference to this paper should be made as follows: Yanos, M. H. A.; Leal, R. C., 2020. Mungbean (Vigna radiata) as a Source of Income among Farmers, J. Bus. Econ. Review, 5(1) 10 – 17, https://doi.org/10.35609/jber.2020.5.1(2) JEL Classification: Q12, Q14.