Charles Jumelle's Revelation: Agricultural Sector Receives Less than 2% of Bank Financing

Charles Jumelle, an investor in agro-industry in Haiti, was invited to the Panel Magik edition on Thursday, November 16, 2023, to discuss the prospects for reviving agricultural production in Haiti. During his participation in the program, Jumelle highlighted the problems related to the financing of the agricultural sector and proposed solutions to address them.

Jonasson Odigène
Par Jonasson Odigène
16 Nov 2023 | Lecture : 2 min.

"Less than 2% of banking investments are dedicated to agriculture. This reflects a lack of interest in financing this sector," revealed Charles Jumelle on Magik9 radio.

"Agricultural credits are virtually non-existent or ineffective. Furthermore, they are not adapted to the Haitian reality. Credits must be tailored to the local production cycle. If the production cycle is 3 months, the credit should be based on this cycle," he stated.

To address this financing issue, Jumelle called for the coopera


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