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In the current season, OKKO AGROTRADE from OKKO GROUP Holding has already provided more than UAH 400 million to agricultural producers for spring field work. This is 60% more than at the beginning of April last year.
Support from OKKO AGROTRADE agro-industrial company receives both material and technical and financial resources under the terms of the forward program, which provides that farmers will be paid after the harvest. Such conditions are attracting more and more potential partners in the industry. According to OKKO AGROTRADE CEO Oleksandr Nikolenko, last season the company received about 200 applications from farmers for participation in the forward program, and now they have received 370 - for a total of over UAH 5 billion.
Consideration of some applications is still ongoing and new applications continue to be received. Therefore, the company does not doubt that it will be able to exceed the result of the last marketing year, during which projects in the agricultural sector were financed by almost UAH 1 billion.
Participation in the forward program eliminates the need for farmers to simultaneously accumulate significant financial resources for the purchase of fuel and mineral fertilizers (which is about 50% of the cost of all field work) and also provides guaranteed sales at a fair price, - explains the CEO of OKKO AGROTRADE Oleksandr Nikolenko. - At the same time, we offer farmers a cheaper resource, and more flexible reimbursement conditions than the bank. Almost all partners who worked with us last year continued their cooperation in 2019. Many of them actually became our brand ambassadors, as new clients came to us on their recommendations.
agency