Loan application

50% discount on sugar cane development loan application fee

Women farmers who want to buy a farm or related machinery will get a 50% reduction on the loan application fee from January 2, 2022, Mr. Sharma said. “We are promoting the empowerment of women in terms of the Sustainable Development Goal,” he said.

First Lady Filomena Katonivere (third from left) with Sugar Cane Growers Fund Managing Director Raj Sharma at the 2021 President’s Fiji Business Excellence Awards at the Grand Pacific Hotel, December 10, 2021. Photo: Leon Lord

A 50% reduction on application fees for climate change and women’s empowerment loans is in store for the sugar cane community.

It is part of the measures taken by the Sugar Cane Growers Fund to improve its services.

The Fund’s Chief Executive Officer, Raj Sharma, made the comment after the organization won the President’s Fiji Business Excellence Awards.

The fund won the Achievement in Business Excellence Award.

He said winning the annual event hosted by the Fiji National University National Center for Training and Productivity Awards was just the start.

The fund was one of five winners of the Business Excellence Award.

Women farmers who want to buy a farm or related machinery will get a 50% reduction on the loan application fee from January 2, 2022, Mr. Sharma said.

“We are promoting the empowerment of women in terms of the Sustainable Development Goal,” he said.

The 22nd awards ceremony, held at the Grand Pacific Hotel in Suva, was the first time the fund participated in the annual event.

He dedicated the victory to the sugar cane growers.

“There are a lot of initiatives that we have put in place,” Mr. Sharma said.

The fund will also introduce an online banking application, he said.

Meanwhile, the other Business Excellence Achievement category winners were:
– Manubhai Industries Pte Ltd.

– Ajax Spurway Fasteners Pte Ltd.

– RC Manubhai and Company Pte Ltd.

In the Commitment to Business Excellence category, CRP Industries Pte Ltd and Roofing and Profiled (Fiji) Pte Ltd were the winners.

In another development, the Minister of Infrastructure, Weather Services, Lands and Mineral Resources, Jon Usamatereceived the Asia Productivity Organization award for outstanding recognition.

He said the award recognizes productivity and an annual award system which is the best tool any organization can have to improve its systematic operations.

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