Loan boost for Chiweshe smallholder farmers

Daniel Chigunwe Bindura Correspondent
SMALLHOLDER farmers in Chiweshe have commended efforts by Agribank and Chicken Slice in empowering them by providing an $18 000 loan for production and ready market for their produce, respectively. Business is flourishing at Negomo Irrigation Scheme following the signing of the agreement between the bank and farmers which has provided much-needed capital for smallholder farmers to initiate profitable projects.

The loan deal that was initiated sometime in December last year came after Chicken Slice had undertaken to provide the farmers with a market for their produce.

“We came first before Agribank and signed a deal with the local farmers in which we agreed to offer them a market to buy 90 percent of the potatoes and 10 percent of cucumbers, lettuce and dried onions,” said a Chicken Slice farming relations officer while confirming the signing of the agreement.

Agribank’s Mvurwi branch officials also confirmed the signing of the loan while Negomo Irrigation Scheme secretary-general Mr Robson Gatsi expressed gratitude to the two companies.

Related Posts

DeliverED! . . . Zim lands UN Security Council seat . . . President hails diplomatic milestone

Innocent Madonko and Zvamaida Murwira-Herald Reporters PRESIDENT Mnangagwa has described as a “significant diplomatic milestone”, Zimbabwe’s huge victory which secured the country a non-permanent seat on the United Nations Security…

CAB3 gets overwhelming public support

Nyore Madzianike-Senior Reporter THE Constitutional Amendment No.3 Bill has received overwhelming support with more than 530 000 written submissions to Parliament in its favour, while 2 935 were against it,…

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×