Farmers to access farming implements under AFC stop order facility

By Tendai munengwa

THE Agriculture Finance Corporation, AFC Holdings has extended a stop order facility that will see farmers without collateral getting tractors and other implements on time.

Thousands of farmers, who have been battling to access tractors and implements can now breathe a sigh of relief after the introduction of a stop order facility by AFC Holdings.

The facility, which is in line with President Emmerson Mnangagwa’s call to cushion farmers without collateral, was announced by AFC Holdings Group Chief Executive Officer, Francis Macheka on the sidelines of a field day organised by a local seed company recently.

“We have our mechanisation arm which manages a fleet of tractors, combine harvesters and various other implements. The leasing company can facilitate stop orders for farmers who do have equipment and collateral. One can lease the tractors and implements and have the cost deducted when he delivers his produce to GMB,” said Macheka.

Speaking at the same occasion, SEEDCO Managing Director, Terrence Chimanya and Permanent Secretary in the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development, Dr John Basera touched on the need for farmers to adopt seeds that are tolerant to the ever-changing climate.

“This day comes at a time when we are facing poor rainfall patterns, research on varieties which are tolerant to this climate change must be introduced. In response to this our researchers continue to come up with new seed varieties which are climate-proof,” said Chimanya.

“I urge you to continue adapting and improving on seed research because climate change is a reality. To farmers let’s move away from the culture of growing the same seed which we used to do. Let’s plan accordingly in line with climate change,” said Basera.

The annual field day brought together farmers and a cross-section of stakeholders from various provinces to share notes o