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Aruba Cultivates the Future: Agrifund Launched for a Thriving Agricultural Sector

by | Mar 14, 2024

Aruba’s agricultural landscape is unlike any other. While stunning scenery and a unique climate grace the island, its farmers face substantial challenges. From geographical limitations to knowledge gaps and fluctuating costs, starting and maintaining an agricultural business requires a special kind of resolve.

But Aruban spirit thrives in the face of adversity.  Pioneering farmers are adopting innovative methods like hydroponics and syntropic agroforestry, paving the way for the future of agriculture in similar regions battling environmental constraints.

A Seed of Change: Agrifund Sprouts

A historic moment unfolded on Monday during a press conference. Minister Ursell Arends, Minister Geoffrey Wever, and Mrs. Nathaly Harms of Qredits Aruba officially introduced Agrifund. This revolutionary initiative allows farmers to secure financing through Qredits Aruba at a significantly reduced interest rate of 2%. Loan amounts range from AWG 5,000 to AWG 200,000, streamlining the process and empowering farmers to focus on growth and supplying local markets.

A Vision Takes Root: Cultivating Food Security

The Aruban government recognizes the significance of Agrifund, marking a firm commitment to nurturing the agricultural sector. This initiative embodies the collective dream of transforming food security into a tangible reality, not just for farmers but for all Aruban citizens.

From Research to Reality: Addressing Challenges, Building a Better Future

Rendell de Kort, a World Bank consultant who conducted crucial research on Aruban food security, was present at the event.  His report’s recommendations, which directly addressed the financial limitations faced by farmers, are now being brought to life through Agrifund.

Jeremy Croes, Director of Aruba Agri Development Company N.V., highlighted the significance of open communication with farmers. Understanding their experiences and incorporating their suggestions are essential for propelling the primary sector forward.

Growing the Future: Sustainable Practices and Quality

Minister Arends outlined the next step: implementing Good Agricultural Practices (GAP) certification. This initiative guarantees quality in agricultural production, addressing consumer concerns about health and environmental well-being.

The Minister concluded by expressing gratitude to Mrs. Harms and the Qredits Aruba team for their instrumental role in realizing Agrifund. Their expertise and dedication were fundamental in bringing this vision to life.

Reaping the Future, Together

Minister Ursell Arends summarized the collaborative effort perfectly: “With a shared vision to make the primary sector a new economic pillar, today, together, we fulfill our commitment to the well-being of our community’s farmers. Together, we reap the future.”

This innovative program not only empowers Aruban farmers but also paves the way for a more secure and sustainable future for the entire island.

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