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Support for Farmers with Loans During Covid-19 Pandemic

Latest Tanzania agriculture news · Support for Farmers with Loans During Covid-19 Pandemic explained · updated Aug 17, 2026 · agriculture news · farmers · crops

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TLDR

  • Farmers in the Southern Highlands and southern Tanzania, including Mtwara, are benefiting from loan opportunities for agricultural inputs.
  • The People's Bank of Zanzibar (PBZ) collaborates with the Tanzania Agricultural Development Bank (TADB) to provide loans to farmers.
  • PBZ contributes 40% of the loan amount while TADB contributes 60% to ensure farmers meet their production needs.
  • Approximately 20 cashew farmers in Mtwara have received loans through this partnership.
  • Interest rates on loans from PBZ range between 14% and 16%.

Latest news excerpts & sources: Support for Farmers with Loans During Covid-19 Pandemic

dailynews.co.tzRead more

Mr Haruni also said the bank had continued to support traders facing capital challenges, citing the Covid-19 pandemic period when some traders who had exhausted their working capital were provided with loans to enable them to continue operating their businesses.

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