Masloc

The Microfinance and Small Loans Centre (MASLOC) has launched an undertaking code named, Tractor Project, at Tumu in the Sissala East District of the Upper West Region.

In total, 14 beneficiaries took possession of a tractor each and are expected to finish paying for the tractors in four years.

Each farmer is expected to pay about GH?2,400 every month for the next 48 months as cost for a tractor.

The Chief Executive Officer of MASLOC, Madam Sedina Tamakloe Attionu, who launched the programme, said because agriculture formed the bedrock of food and national security, government was encouraged to come up with the Tractor Project to lend support to efforts aimed at mechanizing agriculture as a means to increase crop yield.

Source: Andrew Nettey

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