Advans Ghana starts initiative for cocoa farmers

Advans Ghana in partnership with the Cocoa Life programme from Mondelez, has started an initiative which aims to provide training on financial inclusion, deposits and other financial services to cocoa farmers who are beneficiaries of the Cocoa Life programme – a programme which provides training and community planning skills to grow a positive cycle of change among cocoa farmers.

A statement from Advans Ghana said the pilot project has been largely successful with beneficiary farmers in the Eastern Region including the Suhum, New Juaben and Fanteakwa Co-operative Cocoa Farmers and Marketing Union Limited.

Through this initiative, farmers have obtained valuable knowledge through training on income management as well as know-how on the Advans Ghana Mobile Money platform, the statement said.

It added that members of the farming societies have also successfully opened accounts in real time with the use of Advans Ghana’s Mobile Banking platform. Through this service, the farmers are able to transfer money from their mobile money account directly to their Advans account and vice versa, purchase airtime and monitor all transactions without having to go to the branch.

Advans Ghana maintains the relationship with the farmer co-operative societies through regular participation in meetings and provision of training.