{"id":752706,"date":"2019-11-27T00:58:26","date_gmt":"2019-11-27T00:58:26","guid":{"rendered":"https:\/\/ghana-mma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/"},"modified":"2019-11-27T00:58:26","modified_gmt":"2019-11-27T00:58:26","slug":"banks-unwilling-to-lend-support-rice-millers-lament","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/","title":{"rendered":"Banks unwilling to lend support \u2013 Rice Millers lament"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"456\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/11\/Local-Rice.-696x456.jpg\"   alt=\"\" title=\"Local Rice.\"\/><\/div>\n<p> The Rice Millers Association has lamented that financial institutions in Ghana are unwilling to lend support to facilitate their businesses.<\/p>\n<p>According to the group, lack of support from banks has played a role in the struggles of local rice producers in the country.<\/p>\n<p>\u201cUnfortunately, the financial houses are not ready to come in especially if you are talking about agro projects. The financial houses across board are not interested,\u201d a convener lamented.<\/p>\n<p>ALSO READ: <strong>Here is why Ghanaians should consume local rice<\/strong><\/p>\n<p>Speaking on Accra-based Citi TV, monitored by <strong>Adomonline.com<\/strong>, Convener of the group, Mr Yaw Adu-Poku, explained all attempts by the Millers since February to get loans from banks have proved futile.<\/p>\n<p>\u201cCall the [Banks] Chief Executive Officers and ask them. They are all Ghanaians and find out from them how many of them are sponsoring farmers,\u201d he said.<\/p>\n<p>\u00a0Mr Adu-Poku added they are unable to access the loans due to the requirements from banks which he described as \u201cway over their heads.\u201d<\/p>\n<p>READ ON: <strong>Govt sets 2022 target to be self-sufficient in rice production<\/strong><\/p>\n<p>\u201cThe banks ask for landed property in the city and favour importers because the turnaround time of the importer is so short,\u201d he said.<\/p>\n<p>The struggles of rice farmers and millers in Ghana have left<br \/>\nhuge quantities of rice at the risk of going waste also because of the absence<br \/>\nof a ready market for their produce.<\/p>\n<p>The Fumbisi and Gbedembilisi rice valleys in the Builsa South District of the Upper East region have been cited in this regard.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Rice Millers Association has lamented that financial institutions in Ghana are unwilling to lend support to facilitate their businesses. According to the group, lack of support from banks has played a role in the struggles of local rice producers in the country. \u201cUnfortunately, the financial houses are not ready to come in especially if [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":752707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-752706","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Banks unwilling to lend support \u2013 Rice Millers lament - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Banks unwilling to lend support \u2013 Rice Millers lament - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The Rice Millers Association has lamented that financial institutions in Ghana are unwilling to lend support to facilitate their businesses. According to the group, lack of support from banks has played a role in the struggles of local rice producers in the country. \u201cUnfortunately, the financial houses are not ready to come in especially if [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.ghanamma.com\/2019\/wp-content\/uploads\/2019\/11\/Local-Rice..jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\"},\"headline\":\"Banks unwilling to lend support \u2013 Rice Millers lament\",\"datePublished\":\"2019-11-27T00:58:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/\"},\"wordCount\":263,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Local-Rice..jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/\",\"name\":\"Banks unwilling to lend support \u2013 Rice Millers lament - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Local-Rice..jpg\",\"datePublished\":\"2019-11-27T00:58:26+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/11\\\/27\\\/banks-unwilling-to-lend-support-rice-millers-lament\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Local-Rice..jpg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/Local-Rice..jpg\",\"width\":800,\"height\":524},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2019\\\/#\\\/schema\\\/person\\\/53d06a757a4242f113d200e3c290c036\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Banks unwilling to lend support \u2013 Rice Millers lament - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/","twitter_card":"summary_large_image","twitter_title":"Banks unwilling to lend support \u2013 Rice Millers lament - Ghanamma.com","twitter_description":"The Rice Millers Association has lamented that financial institutions in Ghana are unwilling to lend support to facilitate their businesses. According to the group, lack of support from banks has played a role in the struggles of local rice producers in the country. \u201cUnfortunately, the financial houses are not ready to come in especially if [&hellip;]","twitter_image":"https:\/\/www.ghanamma.com\/2019\/wp-content\/uploads\/2019\/11\/Local-Rice..jpg","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Written by":"Ghana News","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2019\/#\/schema\/person\/53d06a757a4242f113d200e3c290c036"},"headline":"Banks unwilling to lend support \u2013 Rice Millers lament","datePublished":"2019-11-27T00:58:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/"},"wordCount":263,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2019\/wp-content\/uploads\/2019\/11\/Local-Rice..jpg","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/","url":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/","name":"Banks unwilling to lend support \u2013 Rice Millers lament - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2019\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2019\/wp-content\/uploads\/2019\/11\/Local-Rice..jpg","datePublished":"2019-11-27T00:58:26+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2019\/#\/schema\/person\/53d06a757a4242f113d200e3c290c036"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2019\/11\/27\/banks-unwilling-to-lend-support-rice-millers-lament\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2019\/wp-content\/uploads\/2019\/11\/Local-Rice..jpg","contentUrl":"https:\/\/www.ghanamma.com\/2019\/wp-content\/uploads\/2019\/11\/Local-Rice..jpg","width":800,"height":524},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2019\/#website","url":"https:\/\/www.ghanamma.com\/2019\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2019\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2019\/#\/schema\/person\/53d06a757a4242f113d200e3c290c036","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"}}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/posts\/752706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/comments?post=752706"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/posts\/752706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/media\/752707"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/media?parent=752706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/categories?post=752706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2019\/wp-json\/wp\/v2\/tags?post=752706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}