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*"33% of farmers have fully paid Command Agriculture loans"* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?du Finance Minister Patrick Chinamasa revealed that Government has recovered $47,7 million out of $72 million, while 10 000 farmers are yet to deliver their maize to the Grain Marketing Board. He said that only 33% of the 50 000 farmers that received Command Agriculture loans, have fully serviced their loans. Said Chinamasa: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > In this regard, Command Agriculture Revolving Fund registering repayment receipts of $47,7 million in loan recoveries from farmers. This is against the anticipated target of $72 million. Out of the 50 000 farmers contracted to produce maize under Command Agriculture, 33 percent fully paid their loan obligations, with 22 percent having partially paid their obligations, while recoveries from others are being made as they deliver to the GMB. However, as at November 23 2017, about 10 053 contracted farmers had not made any maize deliveries to GMB, an indication that these were already defaulting on their 2017 debt obligations. More: Chronicle _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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