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Press Release

Sugarcane Growers Fund to launch online portals

11 Jan 2022

The Sugarcane Growers Fund is set to launch its online portals on Monday. In its commitment to bring innovative and modern financial solutions to its growers, the Fund will launch its mySCGF App, mySCGF Online Portal Service and SCGF SMS Alert Servic ...

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50% Discount On Loan Application Fees For Sugar Cane Development

14 Dec 2021

Female farmers who want to buy a farm or related machinery will receive a 50 per cent discount on loan application fees from January 2, 2022, Mr Sharma said. “We are promoting women empowerment in terms of the Sustainable Development Goal,” he sa ...

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SCGF announces new initiatives for farmers

22 Nov 2021

In an effort to assist cane growers flourish, the Sugar Cane Growers Fund has approved the revision of its policy and product guidelines. Chief Executive, Raj Sharma, says a grower can now apply for a vehicle loan for their farm use. Sharma says this ...

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Rejoice, togetherness this Diwali, Sharma encourages

01 Nov 2021

Diwali Festival of Lights Many across the world celebrate Diwali or Deepawali – a festival of light which bears the new beginning, happiness, victory over evil as it marks the defeat of Ravana by Lord Ram, said Mr Raj Sharma, the Chief Executive Of ...

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Deductions To Be Made for Loan Repayment

01 Nov 2021

Sugar Cane Growers Fund Chief Executive, Raj Sharma is advising farmers in this cane payment that normal deductions will be made. Sharma says several calls and enquiries have been made by growers about whether there will be a deduction for loan repay ...

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Sugar Fund Announces More Promotions

22 Oct 2021

For now, at least two have been identified – a disaster preparedness loan promotion, and an app for sugarcane farmers. Sugar Cane Growers Fund (SCGF) will launch more promotions in the months ahead as an incentive to engage its members. For now ...

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Sugar Cane Growers Fund is Positive

11 Oct 2021

On the 51st Independence Day, Sugar Cane Growers Funds (SCGF) conveys its best wishes to all the cane growers and stakeholders in the sugar industry. Pre independence lots of sacrifices had happen, when SCGF looks its formation since 1947. Similarly, ...

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Fund pulls through pandemic

07 Oct 2021

Despite the challenges brought about by COVID-19, the Sugar Cane Growers Fund managed to carry out its core business of providing loans to farmers, says CEO Raj Sharma. “We faced challenges mostly during the months of April and May this year when t ...

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‘Fund lent $10 million last year’

07 Oct 2021

The Sugar Cane Growers Fund lent $10 million last year, says chief executive officer Raj Sharma. He said the COVID-19 pandemic failed to dampen growers’ commitment to developing the industry. “It was the highest ever loan approvals recorded by th ...

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$29.6m loans – Fund signs up for mobile wallet platform

07 Oct 2021

The Sugar Cane Growers Fund (SCGF) has 10,568 loan accounts valued $29.6 million (at August 31, 2021) which is 58 per cent of the market share of the cane farm loan portfolio, says fund chief executive officer Raj Sharma. Mr Sharma said there were ab ...

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