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US supports farmers with subsidized low-interest loan programs
Increased demand and federal rate hikes drive expansion of state-subsidized loan initiatives.
Increased demand and federal rate hikes drive expansion of state-subsidized loan initiatives.
The funding primarily aimed at purchasing fertilizers and other agricultural inputs.
September 2023 survey indicates constraints in accessing agricultural credit despite its potential benefits.
All Farmers Association of Nigeria states that the loan program was widely assessed by non-farmers.