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Ministry of Agriculture and Fisheries

Agricultural Investment Unit

Purpose:

The Agricultural Investment Unit (AIU) was established within the Ministry of Agriculture in October 2008 for the coordination/execution of the investment plan for the non-banana agriculture sector with the aim of attracting agro-entrepreneurs to invest in agriculture to increase income and employment from the sector.

Functions:
  1. Develop and implement programmes for investments in agriculture for the advancement of the agricultural sector
  2. Promote feasible investment opportunities in the agricultural sector to stake holders of the sector.
  3. Assist farmers, farmer groups/organisations, fishers and fishing cooperatives to develop their plans and programmes.
  4. Receive and review proposals for investment in agriculture from farmers and entrepreneurs and analyse investment proposals to determine their feasibility as well as assist young entrepreneurs to develop agricultural programmes and business plans.
  5. Encourage the formation of farmers' cooperatives aimed at reducing the cost of production and to take advantage of market opportunities.
  6. Facilitate the necessary training to increase production and improve productivity.
Areas covered under the credit scheme:
  1. Livestock production
  2. Crop production
  3. Fisheries development
  4. Forestry related areas
Areas NOT covered under the credit scheme
  1. Purchase of vehicle and land
  2. Labour costs for farm maintenance and harvesting
Minimum and maximum assistance and interest rate

Amounts over $10,000.00 up to $50,000.00 is at 0% interest through the AID Bank. 

In order to facilitate the assistance process, the following documents are required:

  1.  A completed (all areas which are applicable, filled out) Farmer Application Form (form available at the Ministry of Agriculture, Government Headquarters)
  2. Invoices for all payments that will be made should be submitted.
  3. Where construction of buildings such as poultry or pig pens will take place, the proposed design for the structure and an estimate of costs from a contractor should be presented.
  4. A letter from the Environmental Health Department is required for all livestock projects.
  5. All fishermen are required to be registered with and have gone through the Basic Fisherman's Training Programme with the Fisheries Division.
  6. Applicants are required to show proof of marketing in the form of sales receipts, letters from buyers indicating regular purchase, copy contracts from buyers and/or copies from receipt books.

Please note that the Unit has a NO refund policy.

Determination

A commercial farmer will be determined based on the following criteria:

  1. Root crops: A minimum of ½ acre
  2. Pineapple: farmers should have a minimum of 2000 plants
  3. Passion-fruit: a minimum of 80-100 plants
  4. Vegetables: a minimum of 1/8 of an acre or 1 full green house (60 x 30)
  5. Broilers: a minimum of 600 birds at any given time, with slaughters of at least 200 birds bi-weekly
  6. Layers: a minimum of 500 birds
  7. Pigs: a minimum of 10 sows
  8. Rabbits: a minimum of 200-250
  9. Sheep and goats: a minimum of 100-150
  10. Fish: artisanal farmers registered with Fisheries Division
Requirements for disbursement

In order for disbursements to be processed, the farmer must provide the Unit with some form of security in the form of:

  1. Qualified Guarantor: guarantor must be employed for over three (3) years, have copies of most recent salary slip, complete a salary deduction from and copies of valid identification.
  2. Land title valued at or above loan amount.
  3. Valid photo identification is also required.
Procedure for obtaining assistance
  1. Qualified Guarantor: Guarantor must be employed for over three (3) years; have copies of most recent salary slip, compelte a salary deduction form and copies of valid identification.
  2. Land title valued at or above loan amount.
  3. Valid photo identification is also required.

An information brochure can be downloaded from the downloads section here.

Contact Info

Agriculture Investment Unit
2nd Floor, Government Headquarters
Kennedy Avenue, Roseau
Commonwealth of Dominica
00109-8000
Telephone: 1 (767) 266 3390/3425/3366
Fax: 1 (767) 448 7999
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.