The difference between members and shareholders.
MEMBERS
They are registered members but without any shares.
BENEFITS
Members will be beneficiaries of whatever is being distributed in the form of grains, seeds, fertilizer farm equipment & loans.
SHAREHOLDERS
They are registered members as well as co-owners of the cooperative.
BENEFITS
1. They are entitled to be paid dividend at the end of every financial year in the ratio of shares purchased.
2. They will also be beneficiaries of whatever is being distributed in the form of grains, seeds, fertilizer farm equipment & loans.
Empowering Farmers for Prosperity and Growth
1. Creating the Best Market for Farmers by Connecting Buyers and Sellers
We understand the challenges farmers face in finding reliable markets for their products. GAFCONL is committed to bridging this gap by connecting farmers directly with buyers. Our cooperative ensures that members have access to a ready market, minimizing post-harvest losses and ensuring that farmers receive competitive prices for their produce. This connection not only promotes transparency but also boosts profitability for our members.
2. Providing Loans to Members
Access to finance is key to expanding agricultural activities. GAFCONL offers its members easy access to loans tailored specifically for their farming needs. These loans are designed to provide financial support for purchasing farm inputs, expanding farm operations, or improving infrastructure, all aimed at increasing productivity. By offering low-interest loans, we ensure that our members can grow their businesses without the burden of excessive debt.
3. Creating Employment Opportunities for Members
In addition to farming, GAFCONL members have the opportunity to earn through employment by selling the cooperative’s products. Whether it’s animal feed, grains, or other agro materials, members can become sales representatives for the cooperative, creating additional income streams and employment opportunities within the agricultural sector. This initiative helps drive economic growth and self-sufficiency for members and their families.
4. Training Members on Agricultural Best Practices
Continuous learning is essential for success in modern farming. GAFCONL provides comprehensive training programs that cover a range of agricultural sectors and best practices. These training sessions help farmers stay updated with the latest farming techniques, technology, and innovations, ensuring that they can improve yields, reduce costs, and adopt sustainable farming methods. By equipping members with knowledge, we enable them to thrive in an ever-evolving agricultural landscape.
5. Subsidizing Feed, Grains, and Agro Materials for Farmers
One of the core advantages of being a GAFCONL member is access to subsidized farm inputs. We offer discounts on essential agricultural materials such as animal feed, grains, fertilizers, and other agro-related products. These subsidies significantly lower the cost of production, allowing members to focus on improving the quality and quantity of their produce without worrying about high input costs.
6. Bonuses, Dividends, and End-of-Year Packages
At GAFCONL, we believe in sharing the cooperative’s success with our members. Throughout the year, members are eligible for bonuses and dividends based on their involvement and the cooperative’s overall performance. Additionally, we provide special end-of-year packages to reward members for their hard work and loyalty. These benefits ensure that all members are recognized for their contributions and can enjoy a share of the cooperative’s prosperity.
7. Insurance for Members
Farming comes with its risks, from unpredictable weather conditions to market fluctuations. To protect our members from these uncertainties, GAFCONL provides insurance coverage for farmers. This insurance protects against loss of crops, livestock, and other unforeseen challenges, ensuring that our members’ livelihoods are secure. By offering insurance, we promote financial stability and peace of mind for all cooperative members.
