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Ethiopian Commodity Exchange proposes loans for small farmers

Posted on 17 March 2009

From Nazret.com A proposal of a scheme that entitles the Ethiopian Commodity Exchange (ECX) to facilitate inventory financed loans to small level farmers and suppliers has been devised.
Warehouse receipts will be used for loan guarantees in the proposal that is to be tabled to the board of directors. The idea is for the scheme to encourage those engaged in the grain exchange and other stakeholders who couldn’t access loans from financial institutions….. Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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