1. “Financial Institutions & Workable Solutions”
Howard Politini, PIPSO Chairperson

2. Financial Institutions & Workable Solutions
A Fiji Model Project in High Value Agriculture
Nadarivatu HVA

3. Partnership of Stakeholders
Ministry of Agriculture
iTaukei Lands Trust Board
Provincial Administration
IFAD
PCDF NGO
Bank South Pacific BSP

4. Project Scope & Objective…
Participation of 230 individual subsistence village based farmers
Increase the productivity of 230 village based farmers by 20%...High Value Agriculture Products
High End Market segment…Hotels Supermarkets…

5. Stakeholder Roles Resource Owners
Indigenous landowners- subsistence farmers
Government
IFAD
PCDF
Bank
Resource Owners
Facilitation of technical assistance
Project Financer Sponsor $US.5m/$1mFJD
Project Management Capacity Building & Marketing
Small loans for individual farmers

6. Challenges…
Subsistence mind-sets to Agri-Business mentality…Productivity equals Profits
Capacity Gaps…Attitudes and Behaviours
Disciplines…planning and scheduling…daily disciplines…seed growing to harvesting...micro tasks management
Understanding the fail factors and why

7. Opportunities..
Asset value of their customary land has enormous potential to improve standard of living and quality of life in the remote rural location
Subsistence farming a tradition … a wealth of traditional and basic knowledge of the land and traditional crop management
Greater returns for their labour, perseverance and diligence…
Traditional family structures a strengthened collaboration and team dynamics…
Progress inspiration…success inspires…
Challenges are corporate …
Financial literacy not rocket science…
Building banking relationship…

8. ? BANK COMMITMENT Project plan = Business Plan
Commercial Banks required to lend 4% of its deposit base to Agriculture
Agriculture is a high risk credit
Development Bank more relevant for start ups…
Microfinance commitments a developing segment to establish and grow agri- business
Commit…Connect…Engage
BANK COMMITMENT ?
Project plan = Business Plan
Flex & Roll with the punches…

9. Then came Winston…
Risk Reality of agriculture….

10. jjj
Then out came the spirit and character of traditional resilience to pick up the pieces…