TADB works to restore cotton’s lost glory

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By Abdallah Luambano in Kahama

KAHAMA and Chato Cooperative Unions are supervising  use of tractors and other farm inputs sent to experienced cooperative members in Chato, Biharamulo, Kahama, Msalala, Ushetu na Muleba locations in order to promote cotton growing during the 2020-2021 farming season.

The two unions have received over 11 billion from the Tanzania Agricultural Development Bank (TADB) to revamp cotton’s lost glory.

The Chairman of the AMCOS-Chato, Mr Elias Kaswahili, said here yesterday that tractors and other inputs were going to cooperative supervisors and cotton growers who  proved to have gainfully used loans and other forms of agricultural support  since the 2012/2013 farming seasons.

“Both the cooperative leaders and farmers are experienced. They have done well since then and are now happy with money from the bank (TADB) because it has changed their lives,” he reported

The chairman said TADB soft loans  helped cooperative societies  build offices, secure tractors and other farm implements and was instrumental in buying  smoothly  cotton from farmers  scattered in many areas of the Lake Victoria cotton growing zone.

Contacted for comment, the TADB Managing Director, Mr Japhet Justine, said one of the bank’s strategies relating to agricultural transformation in the lake zone was to focus on cotton growers by increasing crop production and the disposal income of the growers themselves. 

“We want to see cotton’s lost glory restored and increase the growers’ income. Peasants had become desperate because in the past they depended heavily on the crop,” Mr Justine said.

He said the bank’s transformation strategies cover smallholders in agricultural, livestock and fisheries sectors throughout the country.

“We believe the money that has gone to the lake zone will change growers’ lives because it will add value to the cotton they are growing and it will create direct and indirect jobs to thousands of people in those areas,” he said.

Mr Justine said based on projections already over 15000 farmers who were currently benefitting from the lending and were being served by Kahama Cooperative Union (KACU) and Chato Cooperative Union (CCU) leaders.

He said the bank’s objective was to cover more areas in the lake zone in order to transform lives of hardworking farmers.



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