TRACTOR MECHANISATION FUND

Background of the fund

  • Started in 2011through to 2012 as a collaborative facility among ZNFU, FAO and MAL.
  • The new ZNFU model Tractor mechanisation fund uses a revolving fund concept to enable farmers access equipment.

Why The Fund?

  • To bridge the labour gap in agriculture production among small & medium scale farmers through mechanisation.

What Can You Purchase With The Fund?

  • Tractors, rippers, ripper-planters, maize shellers, trailers, boom sprayers and other equipment.

 What Are Some Of The Benefits Of The Fund?

  • Access to appropriate machinery at reasonable cost
  • Opportunity to mechanize and commercialize farming
  • Increased agricultural production and productivity
  • Additional income through hiring out of the equipment
  • As a revolving fund, more farmers would benefit in subsequent years

Who Qualifies For The Tractor Loan?

  • Any farmer wishing to mechanize and commercialize agricultural undertakings.