Project initiated by iFarmer and UCB enables maize and chili farmers to repay loans in advance.
iFarmer and United Commercial Bank PLC have been successfully conducting the project of bank financing and repayment with maize and chili farmers since November 2023. Under the project, two companies recently organized a formal discussion meeting on May 13, 2024, at Kazipur in Sirajganj, where over 70 farmers participated in repaying loans in advance.
Under the project, the farmers have also received other facilities, including weather updates, high-quality agricultural inputs, and advisory services. The project allowed farmers to receive financial support from United Commercial Bank PLC (UCB) for maize and chili harvest. The project was initiated in November 2023, with 173 farmers and will end in July 2024.
Now, farmers are preparing to collect the final harvest of maize and chili. ...