StanChart, Friendship to provide 2,500 farmers with farm-to-market support

Published : 05 Jun 2024 08:02 PM

Standard Chartered Bangladesh and Friendship have launched a comprehensive project to support 2,500 farmers – belonging to remote and climate vulnerable char communities – withfarm-to-market support and resources. 

Through this project, the Bank and Friendship will uplift 2,500 individuals from across ten of the country’s most remote chars in northern and southern Bangladesh. 

This carefully designed intervention will cover all the phases of a traditional agricultural cycle. Each of the 2,500 farmers will receive essential inputs – such as cattle, poultry, climate and salt tolerant seeds, fertiliser, and pesticide. 

They will also learn how to make the best use of the resources at hand, deal with the varied impacts of climate change, and scale operations sustainably. Standard Chartered and Friendship will also create links between individual farmers and key market hubs. 

Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, said, “A robust agriculture value chain that is fair, equitable, and transparent is essential to help the hard-working farmers of Bangladesh thrive. By working with Friendship, we are helping to meet the needs of 2,500 of our nation’s smallholder farmers.”

Runa Khan, Founder and Executive Director, Friendship, said, “The change within the ten remote chars extends far beyond the 2,500 farmers– it is multi-fold! Their lives, livelihoods, and families will be transformed, upholding dignity of the farmers and impacting not only their communities but also the entire micro-economies surrounding the chars..”