The Kilo Deduction Policy was introduced by our CEO to support farmers during difficult times and to help them improve their farming.
How it works:
• 50 pesewas per kilo, or GH₵50 per bag of cashew, is deducted at the point of weighing during the main season and recorded in the farmer's passbook.
• Representatives from each farming community are selected to open a Group Account, where the deducted money is saved. The CEO is the principal signatory and secretary to all Group Accounts.
• The savings can be withdrawn from the first week of July to the end of August.
• The CEO works with banks to open individual savings accounts for farmers, so they can deposit and reach their money easily.
Interested in Kilo Deduction Savings Scheme?
Tell us what you need and our team will get back to you within one business day.