Tanzania: Horticulture industry supported with credit guarantees
This was announced on Friday by Jacquline Mkindi, the executive director of the Tanzania Horticultural Association (Taha) after signing of a Memorandum of Understanding between the two bodies.
Pass will extend credit guarantees from the banks to buyers of the farmers' produce, agro dealers as well as offer bankable business plans to enterprises involved in the horticultural industry.
Ms Mkindi said access to credit has been one of the main challenges facing the sub-sector, despite its fast growth in the last 15 years.
She added that Taha is now focusing on empowering the youth and small holder farmers boosting horticultural production as well as application of new technologies.
Read more at allAfrica (Zephania Ubwani)