Loans worth USD 130,000 released under Dhanduveri Nafaa loan scheme

Ministry of Fisheries, Marine Resources and Agriculture has revealed loans worth over USD 130,000 have been released under the Dhanduveri Nafaa loan scheme introduced by SME Development Finance Corporation (SDFC).

As per the Ministry, the loan scheme was introduced to elevate the economy from the farming and agriculture sector.

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SDFC is collaborating with the Ministry to provide easily accessible financing options to parties involved in the agriculture sector.

Moreover, Fisheries Ministry has revealed that utmost importance will be given when issuing loans to the use of technology for farming including urban agriculture, protected farming, vertical farming and others in addition to poultry farming and livestock farming, agroforestry and plant nurseries.

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