RC MASENZA URGES FARMERS IN IRINGA TO USE FINANCIAL INSTITUTIONS

IRINGA: Iringa farmers are required to use financial institutions in the region by taking affordable loans to grow productive agriculture and to raise their economy, because banks are catalysts for Industrialization.

It has been said that one of the factors contributing to the failure of many farmers to cultivate professional agriculture is the lack of capital that leads to poor agricultural practice.

The statement was issued by the Iringa Regional Commissioner Amina Masenza on Friday last week when she was launching a new branch of the NMB Ruaha Bank along Iringa-Dodoma road in Iringa municipality, which is called to reduce customer congestion while urging people and farmers to continue using these institutions to promote their economy and the nation as a whole.

Masenza said the farmers should to take advantage for improving their economics by practicing modern farming while demanding financial institutions in the country to give soft loans to farmers.

On the other hand, Head of Trade NMB Abdulmajid Nsekea asked the women and youth who are in the group of entrepreneurs to lend a credit opportunity to the bank.

“We are committed to a customer experience that brings us closer to you with every engagement, “said Nsekea.

He said the launch of the new bank of the NMB Ruaha bank would reduce customer drowsiness in the Mkwawa bank, urging citizens to continue using these institutions to promote their economy and the nation as a whole.

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