Welcome To McEbiscoo.com

Loading...

Niger farmers establishes village savings association


Loading...

Farmers association in Niger has established a Village Savings and Loan Association (VSLA) among members at various wards in the state.

Alhaji Shehu Galadima, chairman All Farmers Association of Nigeria (AFAN) in the state, disclosed this to News Agency of Nigeria (NAN) in Minna on Saturday.

He said the farmers decided to set up the programme in order to help members attain solid financial base in financing their agri-businesses.

ALSO READ:  How Vitol Withdraws From $1.5bn Deal To Buy Nigerian Oil Fields
Loading...

Galadima said the farmers, who are members of various cooperative societies, were taught how to save money after each harvest for use during the next farming season.

“What we do is that at the beginning of every cropping season we give loans to interested members at agreed low interest rate,” he said.

ALSO READ:  Mompha splashes N180m on the latest Rolls Royce Wraith Eagle viii 2020, claims he's the first African in the World to own one (See Photo)

He explained that the soft loans would enable the farmers stay in business.

The AFAN Chairman said that apart from utilising the funds to cultivate a particular crop, it could also be used to diversify into other agri-business.

He also said that the measure would encourage the farmers to establish their own agri-business.

Please Share This Story

DOWNLOAD The Mc Ebisco News Mobile App Here

    Hello.... Contact Dr. Mugwenu. He heals pressure, diabetes, ulcers, gonorrhea, syphilis, TB, manhood weakness among other things. The doctor also solves life’s challenges such as love issues, family problems, hardships in business, increases your luck, that is, winning lottery games and court cases, promotions at work and clears away devilish spirits and dreams. For consultation call: +254 740637248 www.mugwenudoctors.com    
Loading...

Have any Question or Comment?

Leave a Reply

Loading...

Kindly Follow Us

Contact Us Here

You Must Read This

Popular Posts

Loading...

Get Latest Mc Ebisco News Alert!

Enter your email address:

Delivered by FeedBurner

Translate »