Sugar Cane Growers Fund (SCGF) has launched 2021 Pre Harvesting Loans for this season. The cane harvesting is expected to start next month, June 2021. Growers may need to prepare for the harvesting such as, repairs of plants and machines, making advance payment to the cane cutters or the harvesting gangs and repair the harvesting camps.
The Pre Harvesting loan starts from 3rd May 2021 and ends 30th September 2021.
Growers will be able to get the loan at 6 percent interest rate which is comparatively cheaper compared to commercial banks ranging around 10 to 12 percent.
The growers can call at any of the districts offices for the assistance and District Loans Officers will be visiting the growers, however due to COVID-19 restrictions, the meetings would be limited.
Therefore, SCGF plans to have a one hour of live streaming on its Facebook this month to get in touch with growers and their needs. The date and time will be announced later. It has over 2,000 followers at present.
SCGF is also looking at other loan packages that would support the growers in addition to sugar cane farming in current environment such as providing loans for educational need of the children which includes funding for tablets and laptops as the school holidays are extended. In addition, supplementary loans for Subsistence Farming is also available for growers.