Sugar Cane Replanting Program

The Government of Belize has secured funding from the European Union through the Caribbean Development Bank to establish a revolving credit fund for sugar cane replanting. Funds amounting to $20..4 Million have been allocated to the program which is to be fully implemented by 2017.

ELIGIBILITY CRITERIA

  • Registered active cane farmer
  • Replanting of existing fields
  • Positive recommendation from SIRDI
  • Credit worty cane farmers

LOAN SIZE

The loan size per individual or related group of farmers will not exceed $1,300 per acre for replanting and $300/acre for ratoon maintenance.

INTEREST RATE

Attractive rates payable on Reducing Balance

LOAN TERM

  • Sugar Cane Replanting – Maximum repayment period of five (5) years inclusive of one (1) year grace period on Principal payments
  • Ratoon Maintenance – One Year repayment period

 REPAYMENT

Adequate cane payment Deduction Orders must be enforced for loan payments.

See if I Qualify for a Sugar Cane Replanting Program Loan

Answer a few questions and a DFC Representative will contact you to discuss or set up an appointment.

SEE IF I QUALIFY FOR A LOAN.

Answer a few questions about the type of financing you want and a DFC Representative will contact you to discuss or set up an appointment.