THE National Bank
of Commerce (NBC) has appealed to agriculture stakeholders to take
advantage of the new 'NBC Shambani' to enhance value chain and its
contribution to the economy.
This was said here
by the NBC Bank Arusha Branch Manager, Mirage Msuya, who added that more
investment in agriculture could bring agriculture modernisation in the
country.
"The service is
being provided to all people involved in agri business, namely farmers,
transporters and distributors of farm inputs," he said.
He said
agricultural development has always been among the bank's top priority
and is at the forefront of promoting this important sector.
"At the bank, we
offer more support to the agricultural industry by giving farmers access
to equipment for agricultural mechanisation through our new NBC
Shambani product," he added.
Through the NBC
Shambani, the bank has been providing financial literacy to farmers as
well as opening bank accounts as an important platform to promote a
saving culture.
On his part, the
NBC Meru Branch Manager, Florence Ng'wavi said they have been using
farmers associations and networks to reach farmers in rural areas
engaged in farming and fishing activities.
Mr Ng'wavi added
that high financial illiteracy among farmers is one of the challenges
the bank has been encountering when they reach them in the villages.
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