To ease your site search, article categories are at bottom of page.

December 06, 2007

Rwanda to institute insurance scheme for farmers

A farmers’ insurance scheme starts next year in Rwanda in a bid to enable farmers to access financial assistance from banks for investment in agricultural activities, Local Government minister, Protais Musoni, has said.

He was addressing MPs on the Economic Revolution Programme and Vision 2020 Umurenge, which focuses on rural development.

Plans for the scheme will be completed by January 2008, Musoni said.

“Under the insurance scheme, farmers will be able to get a retirement package like any other employee and the Social Security Fund is helping in the initiative,” he explained. He said that the scheme will help farmers in cooperatives to easily access fertilizers and high quality seeds.

“It is in line with Vision 2020 Umurenge which is aimed at uplifting the standards of people in rural areas through massive involvement in commercial agriculture other than subsistence farming,” Musoni said. He urged farmers to join cooperatives where they could pool their resources together and improve their agricultural earnings.

MP Ezekias Rwabuhihi observed that people fear investing in agriculture because of price fluctuations and the banks’ reluctance to give loan facilities to farmers. He called on banks to start helping farmers to acquire soft loans and advice to enable them benefit from agricultural investments.

New Times

Article Categories

AGRA agribusiness agrochemicals agroforestry aid Algeria aloe vera Angola aquaculture banana barley beans beef bees Benin biodiesel biodiversity biof biofuel biosafety biotechnology Botswana Brazil Burkina Faso Burundi CAADP Cameroon capacity building cashew cassava cattle Central African Republic cereals certification CGIAR Chad China CIMMYT climate change cocoa coffee COMESA commercial farming Congo Republic conservation agriculture cotton cow pea dairy desertification development disease diversification DRCongo drought ECOWAS Egypt Equatorial Guinea Ethiopia EU EUREPGAP events/meetings exports fa fair trade FAO fertilizer finance fisheries floods flowers food security fruit Gabon Gambia gender issues Ghana GM crops grain green revolution groundnuts Guinea Bissau Guinea Conakry HIV/AIDS honey hoodia horticulture ICIPE ICRAF ICRISAT IFAD IITA imports India infrastructure innovation inputs investment irrigation Ivory Coast jatropha kenaf keny Kenya khat land deals land management land reform Lesotho Liberia Libya livestock macadamia Madagascar maize Malawi Mali mango marijuana markets Mauritania Mauritius mechanization millet Morocco Mozambique mushroom Namibia NEPAD Niger Nigeria organic agriculture palm oil pastoralism pea pest control pesticides pineapple plantain policy issues potato poultry processing productivity Project pyrethrum rai rain reforestation research rice rivers rubber Rwanda SADC Sao Tome and Principe seed seeds Senegal sesame Seychelles shea butter Sierra Leone sisal soil erosion soil fertility Somalia sorghum South Africa South Sudan Southern Africa spices standards subsidies Sudan sugar sugar cane sustainable farming Swaziland sweet potato Tanzania tariffs tea tef tobacco Togo tomato trade training Tunisia Uganda UNCTAD urban farming value addition value-addition vanilla vegetables water management weeds West Africa wheat World Bank WTO yam Zambia Zanzibar zero tillage Zimbabwe

  © 2007 Africa News Network design by

Back to TOP