The provision of seed revolving funds in Phase-IV is to encourage farmers to sell the maximum possible quantity of improved maize seed. Establishment of such funds at CBSP groups/cooperative will help increase seed holding/storing capacity at these institutions, and enable them to not have to dispose or sell seed immediately after harvest when prices are low. The project provides revolving funds to the best performing CBSP groups/cooperatives/seed companies to purchase seed from CBSP groups after harvest and allows them to store the seed and sell it when seed prices are advantageous. The size of funds depends on the marketable surplus seed of the institution. The funds will be exclusively used to purchase seed from CBSP groups and will be deposited to a revolving account once the seed is sold. The funds will be managed by institutions following the transparent guidelines established under their constitution. Seed revolving or matching funds are provided to CBSP groups to allow them to purchase seed from farmers immediately after the crop is harvested.
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