ECRDA and SEDFA Empower Farmers Through Over R5.2 million Equipment Support to Eyoluntu Projects Market Agency in Mthatha
The Eastern Cape Rural Development Agency (ECRDA), in partnership with the Small Enterprise Development and Finance Agency (SEDFA), recently participated in a Farmers Information Day hosted by Eyoluntu Projects Market Agency, led by Mr. Melinkqubo Ndabokutya, one of the successful beneficiaries under the ECRDA and SEDFA Blended Finance Programme.
Through this partnership, ECRDA and SEDFA have provided over R5.2 million worth of equipment and business support to Eyoluntu Projects Market Agency.
The contribution includes a brand-new truck, a 4×4 bakkie, opening trading stock capital, and business overhead support, all aimed at enhancing the agency’s operational efficiency, logistics, and overall market competitiveness.
The Kei Fresh Produce Market, where Eyoluntu operates, serves as a vital trading hub for local producers. It ensures equitable access for previously disadvantaged and small-scale farmers to trade their fresh produce, in line with national market access regulations.
This milestone marks a significant step toward transforming the agricultural landscape of the Eastern Cape. It empowers smallholder growers with a competitive platform to sell their produce, strengthens local agricultural value chains, and promotes inclusive rural economic growth.
Through this initiative, the Eyoluntu Projects Market Agency will create 35 direct jobs and stimulate further employment opportunities indirectly through smallholder producers who now have improved market certainty and trading capacity.
Video Link: https://share.icloud.com/photos/0c139Q85C6oHITz64SADLs1tw
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