Audio By Carbonatix
Opportunity International Saving and Loans Limited is disbursing Gh₵10 million in loans to cocoa farmers across the country under its Cocoa Livelihood Program.
The company says this is in line with the quest to provide easily accessible credit facilities to players in the agricultural sector.
Head of Agricultural Finance, Isaac Kwadwo Gyekyi, told Luv FM 17 thousand farmers in cocoa growing areas will access the facility to enable them purchase farm inputs to boost productivity.
The cocoa livelihood program, spearheaded by Technoserve is providing support to over 3,500 cocoa farmers.
Mr Gyekyi said Opportunity International is committed to efficiently implement the financial support component of the program.
The company disbursed Gh₵2 million in 2011, Gh₵4.5 Million in 2012 and has earmarked Gh₵10 million for 2013.
Mr. Gyekyi is enthused at the rate of loan repayment.
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