Agribusiness Acceleration Initiative (AAI) In Partnership With Mybucks Bank Empowers Agro-dealers On Business Diversification
- Created: Thursday, 09 July 2020 06:51
- 09 Jul
African Institute of Corporate Citizenship (AICC) through Agribusiness Acceleration Initiative (AAI) project in partnership with Mybucks bank approached Agrodealers in the country to be engaged in banking agency as one way of diversifying their businesses to depart from seasonal business to all year-round business. Some of the Agrodealers have been stagnant as the seasonality of agro-dealership business in Malawi affect annual turnover of the agro-dealers and this makes them fail to sustain their businesses throughout the year-round. As one way of mitigating this problem, AAI is linking these Agrodealers to Mybucks for them to be involved in banking agency as they are continuing operating their usual business of selling farm inputs to small holder farmers.