Financing the Palm Oil Sector
Financing the Palm Oil Sector There are over 4 million smallholders cultivating 70% of global Palm oil sector . Financing for palm oil sector remain significantly important to establish, maintain and replant their oil palm plantations , in order to both increase productivity and improve the quality of the fresh fruit bunches. Their capacity to self-finance their plantation is limited. However, most of them are credit-constrained. The late70s, witnessed numbers of credit schemes for oil palm smallholders. Banks and other formal institutions have also been offering various credit schemes in terms of the amount, grace period and requirements for smallholders, both individually or in groups. Phases of financing Palm oil Sector project Project management in most cases is carried out from a standard algorithm that is adapted to the conditions of a particular project. In any case, this process includes the initiation phase, planning, engineering support and execution. In the...