Republic Bank and MARVISTA Institute Support Farmers with Rice Production Seminar in Freeport

Port of Spain, Trinidad, June 5, 2024: On June 4, 2024, local farmers from Freeport and environs gathered with other stakeholders in the agriculture sector to attend a one-day seminar on ‘Climate Change and Rice Production in Trinidad’. The seminar was hosted by the MARVISTA Institute for Agricultural Training and Development (MIATD) in conjunction with Republic Bank’s Power to Make a Difference (PMAD) programme.

The seminar brought together a diverse group of farmers, agricultural experts, and climate scientists to discuss the challenges and opportunities presented by climate change in rice production. Participants engaged in informative sessions on sustainable farming techniques, technological advancements, and government support initiatives that can help them adapt and thrive in a changing climate. Attendees also received valuable knowledge on climate-smart agriculture and financial literacy for agri-entrepreneurs.

“Workshops like these are integral in educating local farmers on new and sustainable methods and techniques which will eventually lead to the long-term health and productivity of our local agricultural systems and the environment” stated Michelle Johnson, Marketing Manager-SME/Business Segments in her delivery of the sponsor’s remarks.

Through the Power to Make a Difference programme, Republic Bank is committed to supporting the Sustainable Development Goals, specifically focusing on Zero Hunger, Industry, Innovation and Infrastructure, and Climate Action. This collaboration with MIATD aligns with the Bank's goal to equip farmers and agri-entrepreneurs with environmentally sustainable practices to enhance the local agricultural sector and contribute to economic diversification efforts.

The Bank’s commitment to support the agriculture industry also includes the recent launch of its specialised Agri Business Loan product tailored to meet the unique needs of all within the agri-ecosystem. This customised loan solution provides agri-entrepreneurs with at least two years of experience, with access to financial resources, technical support, and training opportunities to help implement sustainable farming practices and improve productivity and profitability.

The event is just one of several planned throughout Trinidad & Tobago for the year to support sustainable approaches to increasing crop yield and mitigating against climate change.