Dairy farmers get financing boost
Published On August 1, 2022 » 741 Views» By Times Reporter » Business, Stories
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By MAIMBOLWA MULIKELELA-
THE Entrepreneurs Financial Centre (EFC) has partnered with the Rural Finance Expansion Programme (RUFEP) to provide affordable financing to dairy farmers in the country.
The matching grant has a total commitment of K3.2 million with RUFEP committing 60 per cent while EFC will contribute 40 per cent targeting about 1,000 farmers.
EFC Zambia business development manager Chanda Mubanga said RUFEP offered support to EFC to develop the Dairy Value Chain Financing product which was being implemented under the use of digital channels such as mobile banking as a means to increase financial inclusion among the farming community in the country.

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