Cooperatives being formed to release funding to farmers in neglected villages

As part of the Rural Agricultural Infrastructure Development (RAID) project, which is being funded by the Caribbean Development Fund (CDF) in collaboration with the Government of Guyana to the tune of US$12 million, four new cooperative unions are being formed so that farmers in the target communities can access funds more efficiently.

Minister of Agriculture Noel Holder told Stabroek News on Monday that the project involves the restoration and upgrade of drainage and irrigation canals in specified farming communities as well as the purchase of farming equipment.

Approximately half of the US$12 million has been set aside for drainage upgrade and the purchase of the pumps, with the remainder set to be released through the co-operatives.

“It is difficult to give a