Sugar Cane Growers Fund Fiji

Loan Product Details

Sugar Cane Growers Fund (SCGF) has been in operation since 1946. The core function of SCGF is to provide loans to registered sugar cane farmers of Fiji in accordance with the SCGF Act 1984. Although the sugar cane industry continues to be the focus for SCGF, there is a growing belief and understanding that cane farmers, and indeed the industry as a whole, needs to be adapting to a changing global environment, hence the requirement to look outside the box to consider alternative crops and commodities. It is on this basis that BLP have agreed to support this initiative with capital to assist registered cane growers with supplementing their income by pivoting towards alternative new business models and/or agricultural crops and activities such as ginger, turmeric, bee/honey farming, freshwater prawn farming and so on. As an added bonus BLP is also providing assistance with loan equity funding of up to 16% of the cost of individual projects with a minimum of 10% project cost equity to be provided by borrowers.