EDAIF partners banks in Northern Region for credit facility

The Export Development and Agricultural Investment Fund (EDAIF) is negotiating with banks operating in the Northern Region to use their institutions to lend EDAIF’s funds to farmers and agro-processors.

Dr. Abdul Nashiru Issahaku, Acting Chief Executive Officer, EDAIF, said the partnership with the banks had become necessary because many of them in the north were not aware of the existence of EDAIF’s credit facility.

He said EDAIF funds were loaned to creditors mainly into agro-processing, agriculture export activities and marketers and manufacturers who do export businesses.cont.reading