Mama Bank launch Revolving Fund for Agri Financing
newscatcher
2023-06-13 03:33
Mama Bank launch Revolving Fund for Agri Financing
The new and unique product aims to empower Agri-exporters, Agri-SMEs, and small holder farmers in rural areas in PNG. The product of a revolving fund will provide access to credit facilities to the exporters that offer demand driven approach of financing and repayments with other benefits. Mama Bank says the project aims to increase the export of quality coffee, copra, cocoa and vanilla where in women-led SMEs to be an active player in the supply-chain by working with exporters, in return supporting livelihoods under the Australia-Papua New Guinea Economic Partnership program.

https://www.looppng.com/business/mama-bank-launch-revolving-fund-agri-financing-120803

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