Agrico and Absa AgriBusiness have joined forces to make it easier for qualifying farmers to invest in centre pivot irrigation, with finance available at preferential interest rates of as low as prime less 2%.
The agreement allows qualifying clients to finance a complete Agrico pivot irrigation system, including pipelines, pump system, sprinklers, automation and other components needed to get the system up and running.
For Agrico, this was an important part of developing the partnership. A centre pivot is much more than the machine that can be seen moving across a field. The full investment includes everything needed to deliver water efficiently to the crop.
“Agrico has spent more than 120 years serving the agricultural sector and supporting farmers with technical solutions designed for local conditions. Our goal is to help farmers make optimal use of available water and energy resources, improve crop yields and enhance the long-term sustainability of their operations,” says Walter Andrag, Managing Director of Agrico.
“Through this partnership, we are making it easier for producers to invest in infrastructure that supports their farming operations over the long term.”
The repayment structure can also be aligned with the farmer’s cashflow cycle, with flexible monthly or annual payments and VAT payable after three to four months. For growers, this means the repayment of the irrigation investment can be structured with the timing of their farming income in mind.
The partnership brings together two areas of expertise: Absa’s agricultural finance experience and Agrico’s more than 120 years of experience in irrigation.
“Agriculture remains one of the most important sectors of the economy and investment in irrigation capacity is critical to supporting long-term food security and farming resilience,” says Loffie Brandt, Sector Executive for Agriculture at Absa AgriBusiness.
“Through this exclusive partnership, we are bringing together specialised agricultural finance and irrigation expertise to help farmers access the infrastructure they need to grow and strengthen their operations.”
Ultimately, the partnership is about making investment in efficient irrigation a little more achievable for farmers. Agrico currently has 42 branches across Southern Africa, providing access to irrigation components, technical support and after-sales service. Contact your closest branch today or send an email to finance@agrico.co.za to apply.
Absa AgriBusiness has partnered exclusively with Agrico to offer qualifying clients preferential finance on new pivot irrigation systems, with interest rates from as low as prime less 2%. The partnership provides farmers with flexible repayment structures, faster turnaround times and access to Agrico’s extensive irrigation service network across Southern Africa.
With 440 hectares of bananas under irrigation, Inyoni relies on a precisely engineered irrigation system to meet the high water demands of its crop. Working closely with Agrico, the farm has developed innovative solutions tailored to the unique conditions of Komatipoort.
Op die diep sandgronde van die Noord-Vrystaat bly die resep vir sukses eenvoudig: maak die grond oop, laat die wortels dieper groei en benut elke druppel water ten volle. Met die Agrico T-reeks skeurploeg word die grond se potensiaal volledig ontsluit, een hektaar op ’n slag.
In samewerking met Agrico-kundiges is dit nou vir Carl en Cawood Crous moontlik om water met sonkrag van rivier na dam te pomp, en met behulp van gravitasie na hul spilpunte te vervoer.
Elke druppel water wat op die plase Kromvlei en Vrede, in die distrik Piketberg gebruik word, tel. As deel van die Karsten-groep se boerdery, word watertoediening op beide plase wetenskaplik en met deeglike beplanning aangepak. Hul vennoot in dié proses, is Agrico.
Wanneer ’n bielie van ’n implement deur die grond sny soos ’n warm mes deur botter, kan dit enige boer se hart vinniger laat klop. Hierdie implement is die Agrico T1250-skeurploeg, wat gedurende die Hoopstad Groentoer aan boere gedemonstreer is.
