Commercial Banks Urged To Give Loans Farmers

Customers transact at a commercial bank in South Sudan. [File]This appeal came following some donations rumours made by the leading two commercial banks in the state; Equity and Kenya Commercial Bank.

The Chairperson of Western Equatoria State (WES) Farmers Union Mr Mbiko Barakate made the appeal after meeting the acting Operations Manager of Equity Bank Mr. Gasim Hussein from the latter’s office early this week.

Barakate went to discuss some rumours that some funds have been donated to the farmers’ by the two banks to support farmers. 

He said he wanted to confirm whether the information is true or it is an organization like United States Agency for International Development (USAID) which has done the donation.

Gasim said he is not aware about any fund given to the farmers, if there was such information, it has not materialised.

He however said Equity Bank is targeting and focusing on the farmers to help them improve their agricultural standards and production.

He added that the agriculture department in the bank is conducting survey to see how farmers can be supported in the state. He stated that the bank is able to give loans to any farmer who fulfils the requirement of the bank. 

Barakate also met the Branch Manager of KCB Luke Bitok for the same confirmation purpose. Bitok said although USAID discussed the idea, the head office has not made any progress on it. 

He advised the farmers to follow the issue from USAID while Barakate called upon the bank to at least conduct training to the farmers to enable them know how to use the bank to help improve their standards.

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