Agricultural Credit

Agricultural credit refers to loans and financial services provided to farmers and agribusinesses to support their operations. This funding helps them purchase seeds, equipment, livestock, or pay for expenses like land preparation and fertilizers. Agricultural credit is crucial for ensuring food production, improving farmers’ livelihoods, and boosting rural economies. It can come from various sources, including banks, cooperatives, and government programs, often tailored to meet the unique needs and seasonal nature of farming. By providing accessible financing, agricultural credit helps farmers invest in their businesses and adapt to changing agricultural conditions.