Ten Ugandan farmer cooperatives have received a USD 300,000 grant from the Dutch government. In a story published by the Daily Monitor the support is meant to boost their farming, production and overall businesses.
This is a great move that will build the cooperative sector in the country. The support by the Dutch government will impact more farmers to improve their yields and ultimately contribute to the economy as agriculture is a major economic activity in Uganda.
The farmers are expected to utilize the grant to create more employment opportunities for the youth into the agricultural sector and carry out value addition into their production value chain.
The sector has also identified banks that are willing to partner and link the farmers to more soft loans with low interest rates.