Award Package for Cocoa Societies Announced

The Board of Directors of the Kaaseman Rural Bank in the Juabeso District of the Western Region has announced a package of awards for cocoa societies that will cash their Akuafo cheques through the bank this season. According to the Vice Chairman of the Bank, Mr.. Kwame Twumasi, the Society with the largest amount Akuafo Cheques, will be presented with five spraying machines. The society that will cash the second largest amount of cheques will receive four spraying machines. The third with three, fourth, two and the fifth, one spraying machines. Mr.. Twumasi said 15 individual farmers with highest amounts of cheques will also be rewarded. He said the awards will be made at the next Annual General Meeting of the Bank. The Senior Manager of the Bank, Mr.. David King Gbegbleu, advised cocoa purchasing clerks not to pay cash to farmers but rather issue them with Akuafo Cheques. This practice, he said, aids the farmers to dodge repayment of loans to their Banks. Mr.. King Gbegbleu asked farmers to pay back loans given them so that others can benefit.

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