
Agricultural Credit Cooperatives
Agricultural Credit Cooperatives are member-owned financial organizations that provide farmers and rural producers with affordable loans, savings options, and financial services. They operate on a self-help basis, pooling resources from members to offer credit at reasonable rates, supporting farm investments, equipment purchases, and storage needs. These cooperatives also offer financial education and often work within communities to promote sustainable agriculture. By sharing resources and collective bargaining power, they help farmers manage risks and improve their economic stability, fostering development and resilience in rural areas.