JSK Feeds and Karandaaz Signed Medium Term Reverse Factoring Facility

JSK Feeds and Karandaaz Signed Medium Term Reverse Factoring Facility

Jehangir Saifullah Khan CEO, JSK Feeds and Karandaaz Signed Medium term reverse factoring facility to enable farmers to receive payments for their maize produce without delay. Resulting in improvement of their cash cycle. JSK Feeds Limited, an associated concern of the Saif Group. Currently procures a considerable portion of its raw material for poultry feed manufacturing from the small farmers. Direct financing through a medium term loan will enable JSK Feeds to develop its supply chain by funding its small and medium sized maize crop farmers to purchase farm inputs. These farmers are typically not considered credit worthy by the formal financial sector such as banks. Jehangir Saifullah Khan, CEO JSK Feeds while speaking at the event said, “JSK Feeds’ production unit is located in the Sahiwal Division which has over 40% of country’s population of ruminants and…
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JSK FEEDS LTD. COLLABORATES WITH HBL ON ITS AGRICULTURE REFORM INTERVENTIONS FOR MAIZE PRODUCTION IN PAKISTAN

JSK FEEDS LTD. COLLABORATES WITH HBL ON ITS AGRICULTURE REFORM INTERVENTIONS FOR MAIZE PRODUCTION IN PAKISTAN

Habib Bank Limited (HBL) and JSK Feeds Ltd. are collaborating on agriculture reform interventions for Maize production in Pakistan. A Memorandum of Understanding (MOU) was signed at a ceremony held on 23 January 2020 in Islamabad, and was attended by senior members of both organizations. Through this partnership, HBL will ensure that farmers get easy access to finance and provide technological and agricultural input that will lead to higher yields. HBL will connect farmers to a bulk buyer of their crop produce and provide maize farmers access to finance, who would ensure production of maize at par with the highest quality standards of JSK Feeds. This maize will be procured by JSK Feeds to manufacture poultry and animal feed. HBL will also assist farmers in improving their per-acre yield. However,…
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Coronavirus (COVID-19) – Protect yourself and others

Coronavirus (COVID-19) – Protect yourself and others

COVID-19 is the infectious disease that can affect your lungs and airways. Coronavirus is caused by new virus that had not been identified in humans previously. The WHO announced that COVID-19 is pandemic. You can protect yourself by washing & sanitizing hands properly after short intervals. In a matter of weeks, coronavirus has changed the world of work. As businesses prioritize the safety of their communities, many in-person events and gatherings have been cancelled. Coronavirus Symptoms: According to WHO the people may experience runny nose, sore throat, cough, fever, pneumonia, and difficulty in breathing (severe cases). The health officials have emphasized that virus is spread mainly by people who are showing symptoms such as fever, cough or difficulty breathing. Stay at home if you have coronavirus symptoms. In below two…
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