A forum on the case study on the socio-economic impact of Genetically Modified (GM) Corn or RR Corn in Capiz was held last April 30, 2009 [...] Ms. Eloisa Bosito, MASIPAG-National Secretariat presented & discussed the results of the socio-economic study which shows that almost all of the farmers in both municipalities are dependent with the local financiers in the area, with 57% of the corn farmers in Dumarao are paying an interest of 7% per month. In Maayon, most of the farmers are paying as high as 10% per month.