Over 22,000 peasant farmers across the country will benefit from the K 10 billion fertilizer loan facility to be administered by the Zambia National Commercial Bank (ZANACO).
National Association for Peasant and Small Scale Farmers President, Rodger Phiri disclosed this to ZANIS soon after launching the new Munda Livestock Restocking Programme in Mazabuka’s Dumba area today.
Mr Phiri said last farming season, his organisation gave out fertilizer loans to only 3,300 farmers.
He said the loan facility has received overwhelming response from farmers because of the attractive and flexible conditions being offered by the association.
Mr Phiri said the input loan facility will supplement government efforts by providing fertilizer loan to farmers who may not be able to access fertilizer under the government sponsored fertilizer support programme.
He said among the conditions, beneficiary farmers are required to pay half the amount for the inputs required through ZANACO.
He also revealed that the European Union has shown interest to support the organisation for initiating programmes that are tailored at reducing poverty by providing good income and food among small-scale farmers.
He said the cattle restocking programme whose objective is to revive the cattle industry which has been decimated by the notorious corridor disease has now been extended to 35 districts
And Mazabuka District Commissioner, Tyson Hamaamba has commended the association for supplementing government efforts in reviving the livestock industry which has been affected due to livestock diseases.
Mr Hamaamba said the restocking programme will help improve farming as farmers will now use cattle for draft power instead of using hands to cultivate their fields.
He however urged the association to relax the conditions attached for beneficiary farmers to obtain cattle.
Five farmers benefited from the cattle restocking programme yesterday.
ENDS/HC/AM/ZANIS