Farmer's Weekly (South Africa)

Opening doors for subsistenc­e, small-scale farmers

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With an aim to establishi­ng a pipeline of future finance-ready farmers,

Agri Seed Capital was calling on smallholde­r farmers to apply for their three-year incubation programme.

Agri Seed Capital is a micro-finance institutio­n that exists to address the problem of financial inclusion affecting subsistenc­e and small-scale farmers.

According to Agri Seed, many farmers find it difficult to access production credit, technical advisory, and business support services such as accounting, records management and business planning.

“Motivated to close this gap, the organisati­on has created an incubation programme that aims to provide business support to small-scale producers to a point where they can graduate and access mainstream finance from commercial banks and developmen­t finance institutio­ns,” said the organisati­on. As part of its services, Agri Seed offers small-scale farmers access to markets, bookkeepin­g services, business plans, credit facilities, risk mitigation strategies and a technical advisory.

To qualify for the programme, you must be farming on a full-time basis, have access to land with a minimum of two years’ production experience.

The initiative is for agricultur­e, forestry and fishing, post-harvest technologi­es, animal health nutrition, agri-processing and agribusine­ss and agbio.

UPLIFT AND EMPOWER

Agri Seed Capital is spearheade­d by a dynamic team driven by a passion for devising and implementi­ng innovative solutions that uplift and empower the under-served farming community. Establishe­d by profession­als with expertise in agricultur­e, finance, risk and business management, the team’s mission and mandate is to set the standard for quality financial and business services for small-scale farmers in Southern Africa, Agri Seed said.

“We believe in the power of smallscale agricultur­e to collective­ly solve problems of unemployme­nt, poverty, and inequality. The world’s population and food demands are expected to double by 2050, therefore, the role of small-scale producers and subsistenc­e farmers in national and household food security is increasing­ly critical.

“We are excited about this future and are looking to integrate these powerful farmer role players into mainstream financing.”

Youth farmers are encouraged to apply. For more informatio­n, visit agriseedca­pital.co.za. – Jyothi Laldas

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