Value-chain Agriculture : Financing Opportunities Presented To Promoters
- Par Kunyui NGONMENYUI
- 14 oct. 2021 11:16
- 0 Likes
For those dealing in agricultural chain produce in the small and medium-sized enterprises to benefit they will have to group themselves into Common Initiative Group and NGOs.
Cameroon Bank for Small and Medium-sized Enterprises has presented it Agro Window scheme to agricultural cooperatives, small and medium-sized enterprise, small-scale production units and craftsmen. Agro Window has a mission to mobilise financial resources at the national and international levels for the financing of cooperatives, finance projects developed by cooperatives and SMES, be a catalyst to increase the supply of financing to cooperatives and help cooperatives strengthen their financial capacities.
To this end, the SME Promotion Agency has established technical support in implementing specific tailored products such as: the financing of agricultural and agri-food contracts through contract farming schemes; the financing of production equipment through micro-leasing schemes and the strengthening of securities through mutual guarantee.
Taku Gilbert Ayuk, manager of client service of the bank, said to benefit from the bank financing opportunities, one must be a client of the bank, have an agricultural or agri-food activity, be a bearer of an agricultural development project and have a rural activity. All these were presented to some 80 promoters on Friday October 8, 2021, at the Handicraft Village in Limbe.
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