Stakeholders explore financing of small and medium agricultural enterprises

The Viam Pillay, Assistant Minister of Agriculture, opening the Investment Readiness & Financial Inclusion: of Optimising Performance of Pacific Agricultural Chains. Picture: SUPPLIED.

MORE than 80 stakeholders took part in the Investment Readiness & Financial Inclusion: of Optimising Performance of Pacific Agricultural Chains held in Nadi on Wednesday, May 8, 2019.

These stake holders included Pacific Island farmers, fisher-folk, and agribusiness owners, community organisations, financiers, government representatives and development partners.

They took the opportunity to explore how financing of small and medium agricultural enterprises could be improved and access made easier.

Chief Guest, Assistant Minister for Agriculture Viam Pillay said he was confident that as a community of Pacific Island farmers’ organisations and enterprises, the day’s deliberations would bring the best of strategies to the combined effort towards achieving a way forward in collaborating with Governments, financiers and development partners.

The workshop topics included Innovative Financing Mechanisms, Value Chain Capacity Building Programmes, and policies, regulations and legislation that can assist farmers in developing and growing their business.

Five farmer and agribusiness representatives from Fiji, Republic of Marshall Islands and Solomon Islands pitched their investment business cases to a jury of judges from banks and finance organisations to access seed funding to support the implementation of their inclusive business models.

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