Gå offline med appen Player FM !
EP 62 I Glantine Mashile: Overcoming barriers to finance in agriculture
Manage episode 425549994 series 3258682
In conversation with Glantine Mashile, MD of Geekay Agribusiness.
Glantine shares invaluable insights on the challenges farmers face in securing loans from retail banks, particularly for black and emerging farmers. He emphasises the importance of proper business structuring, compliance, and record-keeping to become bankable.
We discuss the types of capital available, including loans from retail banks and grant funding, and the common hurdles farmers encounter, such as lack of knowledge about financial products and stringent compliance requirements. Glantine outlines the critical factors banks consider when approving loans, including the purpose of the loan, the amount, security, repayment plans, and management quality.
The conversation also touches on the volatility of the vegetable production sector and the difficulties in obtaining financial assistance compared to more regulated industries like grain or long-term crops. Glantine advises farmers to manage their credit life, keep detailed records, and seek expert advice to mitigate risks and improve their chances of securing funding.
Visit: https://geekay.co.za/
Contact: info@geekay.co.za
Please rate and review this podcast episode.
Email info@mbalinwoko.com
Subscribe to The Mbali Nwoko Podcast today!
64 episoder
Manage episode 425549994 series 3258682
In conversation with Glantine Mashile, MD of Geekay Agribusiness.
Glantine shares invaluable insights on the challenges farmers face in securing loans from retail banks, particularly for black and emerging farmers. He emphasises the importance of proper business structuring, compliance, and record-keeping to become bankable.
We discuss the types of capital available, including loans from retail banks and grant funding, and the common hurdles farmers encounter, such as lack of knowledge about financial products and stringent compliance requirements. Glantine outlines the critical factors banks consider when approving loans, including the purpose of the loan, the amount, security, repayment plans, and management quality.
The conversation also touches on the volatility of the vegetable production sector and the difficulties in obtaining financial assistance compared to more regulated industries like grain or long-term crops. Glantine advises farmers to manage their credit life, keep detailed records, and seek expert advice to mitigate risks and improve their chances of securing funding.
Visit: https://geekay.co.za/
Contact: info@geekay.co.za
Please rate and review this podcast episode.
Email info@mbalinwoko.com
Subscribe to The Mbali Nwoko Podcast today!
64 episoder
Alla avsnitt
×1 EP 63 I Zoë Karl-Waithaka : Exploring new frontiers with BCG 26:38
1 EP 62 I Glantine Mashile: Overcoming barriers to finance in agriculture 34:06
1 EP 61 I Dr Penny Byrne: Exploring ESG and Climate Resilience in Agriculture 29:33
1 EP 60 I Michelle Marais: Urban Farmer's mission to support African agriculture 34:15
1 EP 59 I Minki Thulo: The role of a Business Coach in scaling and growing your business 36:17
1 EP 58 I Oxolo Mofokeng : Siyavuna Abalimi Development Centre 46:47
1 EP 57: Francois Rossouw I Unleashing AI in Agriculture with AI Farmer powered by AELA 31:51
1 EP 56 I Sinelizwi Fakade: Unlocking commercialisation strategies for rural agricultural development 42:52
1 EP 55 I Thabile Nkunjana: Understanding the economics behind the egg scarcity crisis 24:04
1 EP 54: Palesa Motaung: Making agribusiness value chains more efficient with Agrikool 34:56
1 EP 53 I Stephanie van der Walt: Women in Agriculture - Highlights from the International Fresh Produce Association's Women's Fresh Perspective 46:38
1 EP 52 I Zaheer Dindar and Fazlur Pandor: Introducing Pumpkin: A Web-Based Platform for Agribusiness Financial Management and Funding 52:35
1 EP 51 I Tendai Chitapi & Oliver Windram: Farming with AI! How machine vision and deep learning are transforming produce grading - Kuronga 50:31
1 EP 50 I Linda Siboto: Unveiling the world of cannabis with Cheeba Cannabis Academy 37:16
1 EP 49 I Christian Giesel: The role of marketing in shaping the future of agriculture with Syngenta 34:37
Välkommen till Player FM
Player FM scannar webben för högkvalitativa podcasts för dig att njuta av nu direkt. Den är den bästa podcast-appen och den fungerar med Android, Iphone och webben. Bli medlem för att synka prenumerationer mellan enheter.