(De Ware Tijd) PARAMARIBO — 25% of the old-fashioned machine park of the rice sector can be renewed shortly thanks to a financing package of Surmac LLC for US$ 2 million. This was reported by national rice coordinator of the rice sector Badrisein Sital yesterday. The financing amount CKC guarantees can provide for about 25% in the need for new tractors and 15% in the need for the much more expensive combines. Farmers have to put up 15% of their own to be eligible for financing that will be coordinated via a local bank. The pay-off period is set at maximally 5 years with a fixed interest percentage of 7.5% in the first year. Sital stressed that the proposal is meant for medium and great-scale farmers.
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