Farmers Urged To Team Up For Credit Facilities

Dunkwa-on-offin: Farmers in the oil-palm, coconut, and kola-nut sectors have been encouraged to form groups to access credit facilities provided by the government and financial institutions. This advice was given by Mr. Kwabena Poku, the national organiser of the Ghana Oil-palm, Coconut and Kola-nut Farmers' Association, during a meeting with farmers in the Upper Denkyira District at Dunkwa-on-Offin. The purpose of the meeting was to inform farmers about the importance of diversifying their cash crop production and the opportunities available for securing loans from government and financial bodies. Topics covered during the meeting included marketing avenues and pricing policies for agricultural products.

According to Ghana Web, the initiative aims to empower farmers by providing them with the financial resources necessary to enhance their production capabilities and explore new market opportunities. By coming together as groups, farmers can increase their bargaining power and improve their chances of obtaining favorable loan terms. The emphasis on collaboration reflects a broader strategy to boost the agricultural sector's contribution to the national economy. The meeting also highlighted the need for farmers to stay informed about pricing policies to ensure fair compensation for their produce.