NEW GNACOFA TO BE INAUGURATED ON FRIDAY FEBRUARY 22,2017
Ghana National Cocoa Farmers Association (GNACOFA), a new group of farmers, will officially be inaugurated on February 22, 2019 at the Centre for National Culture, Kumasi.
The association, which is expected to serve as the voice for smallholder cocoa farmers in the country, is formed to advocate and champion the common interest of cocoa farmers and increased production of cocoa.
It has a business model to also operate as a cooperative credit union, using a well-structured formula to raise funds to support cocoa farms expansions and development.
Cocoa Farmers Pension scheme:
The Association intends to provide pension benefits to small farmers for an assured income and a secured retirement in their old age by assisting them to engage in Self Employed Contributory Pension Scheme (SECPS).
This will be done in collaboration with investment institutions which will help register farmers and their spouses as well as their children of 18 years or above engaged in farming.
Farmer Mutual Health Fund:
Cocoa bonuses paid cash to individual cocoa farmer shall be used to cover extra cost on the national health insurance scheme as cocoa farmers’ mutual health care.
As the Association seeks to secure the welfare and increased production of cocoa, it is our expectation that the Ghana Cocoa Board (COCOBOD), which will indirectly benefit from the Association, will consider putting the interest of cocoa farmers in the country first in the scheme of its plans.