Innovative loan facility to grow farmers’ capacity
Published On October 10, 2025 » 1695 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
THE Zambia Commodities Exchange (ZAMACE) in partnership with NewGrowCo Zambia has launched a 100-per cent loan repayment facility for smallholder farmers to access farming inputs.
This facility is secured by the Warehouse Receipt System (WRS) and will be piloted in Lusaka, Chongwe, Mpongwe and Mkushi.
ZAMACE lead for Small and Medium Enterprises (SME) development, Beriwick Mungabo said the WRS approach will transform harvested produce into collateral, enabling farmers to secure loans for inputs.

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