{"id":32183,"date":"2021-07-06T15:10:29","date_gmt":"2021-07-06T15:10:29","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=32183"},"modified":"2021-07-06T14:30:41","modified_gmt":"2021-07-06T14:30:41","slug":"agri-bank-empowers-co-ops-with-160bn-loans","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans","title":{"rendered":"Agri-bank  empowers  Co-ops with  160bn\/- loans"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/tanzania\">Tanzania<\/a>. <\/strong><\/span>TANZANIA Agricultural Development Bank (TADB) has so far released a total of 160bn\/- in loans to Co-operative Unions and Agriculture Marketing Co-operative Society (AMCOS) as strategic partners enabling them transform their services.<\/p>\n<p>The loans benefitted 141 AMCOS and seven co-operative unions in which 22.03bn\/- went to AMCOS, 127.60bn\/-for co-operative unions while 10.96bn\/- was released by the bank through Smallholder Farmers Credit Guarantee Scheme (SCGS).<\/p>\n<p>\u201cThe loans meant a lot for transformation of agriculture and value addition to crops production,\u201d a statement availed here by TADB shows, adding that Cooperatives and AMCOS were strategic partners in transforming agriculture.<\/p>\n<p>Speaking to journalists at the International Day of Cooperatives which was celebrated here at the national level over the weekend, Chairman of Chato Co-operative Union (CCU), Mr Deogratius Didi commended TADB for reviving cotton growing spirit in the lake zone.<\/p>\n<p>\u201cSince the bank started operations I can confidently speak that we, cotton growers, through our cooperatives have benefitted a lot through loans. Farmers are assured of reliable market for their produce and timely delivery of farm inputs,\u201d Mr Didi said.<\/p>\n<p>He said the bank has been empowering Cooperatives so that they run their services more professionally and meet the farmers\u2019 expectations.<\/p>\n<p>\u201cThe strong stability of CCU was a result of a loan from TADB. To us, we consider this bank as a saviour of our Cooperative unions and AMCOS,\u201d Mr Didi said, praising this year\u2019s celebrations, saying more financial institutions were present to market their services.<\/p>\n<p>TADB has played a bigger role in transforming Cooperatives.<\/p>\n<p>The transformation made by TADB has made major interventions in coffee, fish and cotton projects in Lake Zone, paddy, dairy and sisal project in eastern zone, sesame project in Tunduru and maize projects southern highland and sunflower projects in Central zone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Tanzania. TANZANIA Agricultural Development Bank (TADB) has so far released a total of 160bn\/- in loans to Co-operative Unions and Agriculture Marketing Co-operative Society (AMCOS) as strategic partners enabling them transform their services. The loans benefitted 141 AMCOS and seven co-operative unions in which 22.03bn\/- went to AMCOS, 127.60bn\/-for co-operative unions while 10.96bn\/- [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":32182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8,16],"tags":[6990,6991,711],"class_list":["post-32183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","category-twitter","tag-africa-press-2","tag-africa-press-tanzania","tag-tanzania"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Agri-bank empowers Co-ops with 160bn\/- loans - Tanzania<\/title>\n<meta name=\"description\" content=\"TANZANIA Agricultural Development Bank (TADB) has so far released a total of 160bn\/- in loans to Co-operative Unions and ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agri-bank empowers Co-ops with 160bn\/- loans\" \/>\n<meta property=\"og:description\" content=\"TANZANIA Agricultural Development Bank (TADB) has so far released a total of 160bn\/- in loans to Co-operative Unions and ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-06T15:10:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/07\/img-60e468f73f651.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Agri-bank empowers Co-ops with 160bn\/- loans\",\"datePublished\":\"2021-07-06T15:10:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans\"},\"wordCount\":307,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/07\/img-60e468f73f651.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"tanzania\"],\"articleSection\":[\"all news\",\"community\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agri-bank-empowers-co-ops-with-160bn-loans\",\"name\":\"Agri-bank empowers Co-ops with 160bn\/- loans - 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