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TADB's Commitment to Improve Access to Affordable Financing for Smallholder Farmers

Habari mpya za kilimo Tanzania · maelezo ya TADB's Commitment to Improve Access to Affordable Finan… · imesasishwa 9 Aug 2026 · habari za kilimo · wakulima · mazao

Muhtasari

  • DODOMA: THE Tanzania Agricultural Development Bank (TADB) has facilitated loans worth 692bn/- to smallholder farmers and agricultural entrepreneurs through 21 financial institutions, using a 108bn/- guarantee fund.
  • TADB Managing Director Frank Nyabundege made the revelation in the presence of President Samia Suluhu Hassan during the conclusion of the 2026 Nanenane Agricultural Exhibition.
  • The financing has benefited more than 657,000 people, meaning that every shilling committed as a guarantee has unlocked more than six shillings in credit for farmers and entrepreneurs engaged in agriculture.
  • He said the achievements had been largely supported by the Government’s decision to increase TADB’s capital from 60bn/- to 452bn/-.
  • The bank’s interventions are expected to further improve access to affordable financing, particularly for smallholder farmers who continue to face challenges in accessing credit on favourable terms.

Nukuu za habari mpya na vyanzo: TADB's Commitment to Improve Access to Affordable Finan…

Uliza chochote kuhusu mada hii — mfululizo, athari, wahusika, au uhusiano na Tanzania.