Volume 2 Issue 6


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Is It Worth Taking An Agriculture Loan For Farming Business?

Through out the world the rate of business growth has a direct relationship with the rate of access and utilisation of financial services. Finance is the lifeblood of any business. There various forms of financing available for business including equity, loan e.t.c. Likewise, farming the oldest business need financing and not only financing but appropriate financing.

I mean financing that is tailored to the characteristics of the farming business. My first job after university was agriculture loans officer with a pioneer bank of agriculture financing in Uganda and through my interactions with the farmers, I learnt that they require loan products with interest rates, grace period, repayment period and schedules that are commensurate with the profitability and seasonality of the crops and livestock.

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About editorial@theagribusinessmagazine.com

Haam is the Managing Director of Rhamz International a Company that Publishes The Agribusiness Magazine. The Magazine is both print and can be accessed on-line on this website. The magazine is also available on mobile devices for Android and IOS Apple phones

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The statements, comments, or opinions expressed through the use of The Agribusiness Magazine Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of The Agribusiness Magazine.

The Agribusiness Magazine Online reserves the right to moderate, publish or delete a post without warning or consultation with the author. For any questions please contact editor@theagribusinessmagazine.com

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