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Sugar farmers get help from banks
Commercial banks yesterday agreed to support sugar cane farmers for the
current milling season by accepting cheques at the pre-harvest crop price.
The government asked local banks to assist farmers after the state-owned Bank
of Agriculture Cooperatives backed down on the request.
The sugar fund would guarantee cheques issued by millers to farmers, who in
turn could cash them in for a discount with local banks, said the industry
minister.
Sagging sugar prices led banks to demand a guarantee from the sugar fund to
cover credit risk.
Feature
The Best of the Bunch
Most of the housewives in a small district of the eastern province of Thailand
are small-time farmers. But when they joined together to produce preserved
bananas last year, their names became known far and wide.
Last September their baked banana was served on Thai Airways International.
The word was out and before they knew it people were going bananas for their
nine products.
And in recent months they have even been approached by a Thai company
interested in exporting their products to Hong Kong and Singapore. "It all
started with 10 banana trees," said the head of the Community Housewives of
the district.
In May 1998, the villagers answered their governors' call to grow 10 banana
trees per household to carry out His Majesty the King's advice on self-
sufficiency. Soon each household found they were producing more bananas
than they could possibly eat.
"The surplus was too little for the market but much too much to have them rot
away," said Mrs Chintana.
The housewives then formed a group in an effort to find a solution to the
problem. Preservation was the key. But how when no artificial preservatives
were to be used? It could not be on a day-to-day basis like frying or grilling as
their farm work won't allow this. And other kinds of preserved bananas like
dried banana and dried banana slices coated with sugar, have been around for a
long time. The women decided they needed something more innovative to catch
the market's attention. The banana problem turned out to be a provincial one
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