The Farmers Credit Line launched by Demerara Bank Limited was designed with the intention to cycle farmers’ income, aid in the prevention of a food crisis, and support the goals towards achieving food security.
The Bank’s Chief Executive Officer (CEO) Pravinchandra Dave at the launch on Monday said that given Guyana unique position in producing food, the bank took the bold decision to design a product that would be friendly and supporting to farmers’ initiatives.
Dave in his address said that having recognised the number of hurdles farmers face, they thought it was an opportunity to design a product that will eliminate the hassle.