UCB supports charfassion farmers with sustainable finance

Along the Maya River in Bhola's Charfassion, fields of chili plants stretch out. For local farmers, this work represents both agricultural production and renewed optimism.

In Paschim Awojpur village, primary school teacher Rafik Mia divides his day between classroom and field. He is also a proud member of Adorsho Agrocare, a cooperative of 150 farmers reshaping the future of agriculture. Reflecting on the shift from isolation to collaboration, Rafik said, "In the past, we farmed separately. Buying seeds alone, selling alone—it cost more, and sometimes we were cheated. Now we buy together, sell together, and solve problems together. Our profits are up; our stress is down."

Building on this collective spirit, farmers now grow local chili varieties using organic methods—minimal chemical fertilisers, almost no pesticides—producing safe, healthy chilies that are fit to eat raw. The transformation was made possible through sustainable finance from United Commercial Bank (UCB). The bank extended over Tk 1 crore in loans to the cooperative, enabling investment in quality seeds, organic fertilizers, irrigation, and eco-friendly transportation.

For UCB, supporting these farmers aligns with its philosophy of "Banking for a Greener, Fairer Future." By backing organic farming and community-led enterprises, the bank supports rural livelihoods, raises incomes, and protects the environment.

"This is not just lending—it is sustainable financing that drives growth without costing the earth," a UCB spokesperson said.

The cooperative's journey demonstrates that sustainable finance is more than just access to funds—it empowers smallholders to adopt responsible farming practices, protect local resources, and strengthen rural economies for the long term.