New River Farmers’ Cooperative receives over $ 250,000 from government to revitalize operations
Posted: Wednesday December 8, 2021. 1:47 PM CST.
By Rubén Morales Iglesias: The New River Farmers’ Cooperative Society Ltd. signed a Matching Grant Fund Agreement valued at over $ 250,000 with the Belize government on Dec. 2, according to a statement from the Belize government press office.
“From farm to family table… Belizean farmers feed the nation,” Prime Minister John Briceño said on Social media. “Revitalize our agri-food sector and build our economy through strong financial support and technical assistance to our farmers. “
The signing took place in the village of San Carlos, in the Orange Walk district, which is home to the New River Farmers’ Cooperative.
The Matching Grant Funds (MGF) is part of Resilient Rural Belize (RRB), a six-year program funded by BZ $ 40 million from the International Fund for Agricultural Development (IFAD), the Green Climate Fund (GCF) and participating beneficiaries. . The program aims to minimize the impacts of climatic and economic events on small farmers while supporting sustainable market access for their products.
The agreement between the Government of Belize and the New River Farmers’ Co-operative Society Limited is valued at 255,530 BZ.
The Matching Grant Fund is expected to help cooperative members become more economically, socially and environmentally resilient by working cooperatively.
FGM should have a direct positive impact on 29 households representing the 39 members of the cooperative, i.e. 26 men, 5 women and 8 young people (6 men and 2 women). The total number of final beneficiaries of this investment is estimated at 136 people, including 41 women and 30 young people.
The New River Co-op plans to build an office, storage and marketing center in San Carlos. He also plans to hire a marketing and administration officer to better serve customers and suppliers. The center is to “help members receive, sort, store and sell all produce from a 17-acre onion and six-acre carrot project to be grown both cooperatively and individually.”
The GOB press office said the New River Farmer Cooperative also plans to fund a capacity building plan to improve management, reduce chemical use, improve water management for irrigation, quality control and strengthen gender equity.
The New River Farmers’ Co-operative Society Limited has been registered with the Department of Cooperatives since January 17, 1984.
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