Empowering Farmers Through Finance
At Farmers Micro Fund, we support smallholder farmers in Papua New Guinea with tailored financial solutions and fair market access, enhancing their productivity and livelihoods.
Target agricultural crops and livestock are supported particularly those that have produce marketing system.
Dedicated to transparency and good governance, we build trust with farmers while improving their production processes and ensuring fair prices for their produce.
Our Lending Products
AgriCycle Loan
In this product, we aim to work with small holder farmers per farm cycle funding input cost while produce are sold at coordinated market.
Loan Application Requirements
Personal Details:
Valid identification (e.g., national ID, or passport).
Recent passport-sized photograph.
Farm Details:
Proof of farming land ownership (e.g., land ownership/title deed, lease agreement, or village certification).
Proof of farming activity (e.g., Community Leader Report, eg, church leader, councilor).
Description of crops or livestock being farmed.
Market Details:
Confirmation of participation in a coordinated market program - Sign the Deed to sell the produce to coordinated market.
Financial Details:
Recent financial records (if available).
Estimated revenue from farming operations.
Record of previous loans (if applicable).
Collateral:
Guarantee from the farmer to sell produce to the coordinated market (we coordinate the market) so that repayment can be deducted.
Loan Purpose:
Detailed explanation of how the loan will be used (e.g., purchasing seeds, fertilizer, equipment).
Market-Based Lending
Challenging traditional lending norms for rural farmers.
Fair Prices
Ensuring farmers receive fair prices for their produce.
Quality Improvement
Enhancing yields through continuous production process improvements.
Transparency Focus
Fostering trust and accountability in our operations.