Warehouse system: Farmers get loans for grain deposits?

Published on 05 May 2011

RONALD Masaba, a resident of Jinja district has been involved in large scale maize farming for nine years. His breakthrough in agriculture came three years ago. He secured sh3m loan from a local commercial bank using his high quality unsold stock as collateral security. He also had an opportunity of selling his produce at the highest price ever to the World Food Programme (WFP) without going through the middlemen.

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