PrOpCom Facilitates Access to Finance in Kano.
by , on 2008-08-02 02:27:13
Development Associates was commissioned by DFID supported PrOpCom to facilitate the linkage between financial institutions and rice processors and parboilers.
This assignment is part of POpCom’s effort in promoting the massive adoption of improved parboiler technology which was recently introduced by the program to improve the quality local rice.
After an initial access to finance study, and a follow up credit needs assessment DA has facilitated about N60 million worth of fixed asset loan and working capital from the Nigeria Agricultural and Rural Development Bank (NACRDB) to over 1000 women from 33 women rice parboiler groups in six rice producing communities Kano state. For more details about the PrOpCom project, visit www.propcom.org
