Contact: Ashraf Abdullah
Phone: +93- 0202504835
On September 23, 2014 the Agricultural Development Fund (ADF), celebrated the potato harvest together with farmers in Bamyan. This year 1,742 farmers, members of 56 cooperatives from Bamyan province have had access to agricultural credit through the ADF.
The ADF CEO and the Governor of Bamyan province, together with the Bamyan farmers, celebrated the Potato Harvest with producer cooperatives in Bamyan. ADF has been operating in Bamyan province since 2011 in partnership with the Provincial Delegation of MAIL to serve a small number of clients. The increase in the number of loans provided in the province required of a stronger presence that resulted in the opening of ADF provincial office in June 2013.
Agricultural cooperatives from Bamyan province received ADF loans for the fourth year. In the spring of 2011, 438 potato growers’ members of 7 cooperatives were provided with loans from seed and fertilizer. Later, in the spring 2012, 700 potato growers members of 27 cooperatives accessed loans for agricultural inputs; and in 2013 1,280 potato growers, member of 44 cooperatives received over AFN 112 Million in loan and this year 1,742 potato growers, members of 56 cooperatives received over AFN 127 Million in loans.
To date ADF has approved loans for over US$ 101 million. These loans are directly benefiting over 24,000 farmers in 32 provinces. The work carried out with potato growing cooperatives in Bamyan province is one of several examples of how credit is supporting the growth of agriculture.