In Afghanistan, 255 million AFS agricultural mortgages have been accredited. The meeting of the Supreme Council of Agricultural Enchancment Fund (ADF) was chaired by Dr. Anwarul Haq Ahady, minister of agriculture and chairman of the supreme council of Agricultural Enchancment Fund.
Dr. Aimal Arman, with ADF directors, briefed the members of Council on The required goals, achievements, And up So far progress of the Fund in granting mortgages to agricultural companies, amassing exhausting-to-attain mortgages, the Quantity of benefited farmers, and completely different issues.
At this meeting, the technical group of ADF submitted two mortgage purposes to Extreme Council and provided information to the council members Regarding the actions of the mortgage candidates. Approved mortgage provides relate To 2 corporations lively Inside The sector of agriculture. Definitely one Of these corporations is a meals enterprise agency Which will use The money To buy wheat from native farmers and meet its wants. The second borrower is a carton manufacturing agency That is going To make the most of The money To buy carton printing machines and increase The regular of its merchandise.
ADF is a authorities monetary institution working beneath the management of MAIL That provides lending providers to farmers and agricultural entrepreneurs by way of monetary intermediation and direct lending for The enlargement and improvement of Afghanistan’s agriculture Is Amongst The numerous primary features of this fund. The fund has accredited 13.4 billion AFS and has So far lent 1.7 billion afghanis to agricultural companies, agricultural cooperatives, and associations, monetary intermediaries, livestock farms, fish farming, poultry, processors, and exporters of current fruits and nuts.
Greater than 56000 farmers have benefited immediately from these providers in 32 provinces.
For extra information:
Ministry of Agriculture, Irrigation and Livestock
Karti Sakhi avenue, Jamal Mena,
Third District, Kabul, Afghanistan