DODOMA, Aug. 6 -- TIB Development Banks Agriculture Window has nearly doubled from the initial 42bn/- government funding at its 2010 launch to 82bn/-, extending support to farmers in 76 districts across 23 regions, demonstrating substantial growth and expanded outreach.

During this period under review, the scheme disbursed loans to 130 companies, 80 SACCOS and 12 banks.

At the Nanenane Agricultural Exhibition in Dodoma, the banks Fund Manager for Agency Financing, Ms Monica Luziro said the fund was created to provide affordable credit to smallholder farmers, associations, cooperatives, microfinance institutions and agribusinesses in the agricultural value chain.

“The fund is designed for agribusiness to support commercial farming...