The facility is granted to the cereals cooperatives (rice, maize, wheat etc.). The facility enables the cooperative to buy the harvest from its individual members/farmers at harvest period who need money in order to begin farming activities for the new season.
- This facility allows cooperatives or other commodity owners, to receive financing against the value of the deposited crop while delaying sales of the crop until a future point in time when prices are expected to increase.
- No security required; the facility is secured by the stored crops.
- To have the storage facility which meets the requirement standards to store crops.
- Have storage facilities which meet the requirement standards to store crops.