Farmers, growers to receive $6 m credits: Zameer

Officials in Ministry of Agriculture irrigation and  livestock (MoAIL ) have stated that a memorandum of Understanding of $6  million has been signed in between the Ministry and  First Micro-finance Bank , to provide small amount of loans for Afghan farmers and growers in Afghanistan.

Minister of Agriculture and live stocks Asadullah Zameer said,” We are willing to standardize the Agriculture production, farmers will benefit the small amount of loans to increase their products, in the first phase of the loans 3,000 farmers which includes women will receive the loans.”

Meanwhile officials in MoAIL and First  Micro-finance Bank  have stated if the aids support Afghan farmers business, we will continue to our efforts.

Loan, risk officer for FMB  Khalid Sarwari said,” We will assess if the following aids facilitate the life of farmers, then we will continue to our efforts.”

Based on the data of the Agriculture development office fund since 2010 4,429 million Afghani has been given as loans to 35,0000 farmers in 33 provinces to keep the business running.

Reported by Nabila Hafizi