CEDA launches new scheme for Farmers

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PANDAMATENGA: The Citizen Economic Empowerment Development Agency(CEDA) has come up with a new loan scheme specifically aimed at assisting farmers with working capital in a bid to boost agricultural productivity.

Addressing Pandamatenga farmers recently, CEDA chief executive Dr Thapelo Matsheka said he was glad to announce CEDA's new scheme called Ipelege Agricultural Scheme in which farmers will be assisted with seasonal loans for working capital and the procurement of implements just before the ploughing season.

"Working capital will cater for costs of labour, buying seeds and fertilizer while (the loan aspect) for implements will go towards the purchasing of tractors and (other) necessary equipment," Matsheka said.

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