Cultivate Credit Union Loans available for Working Capital as Fertiliser Prices Rise

Photo: Donal O' Leary

With soaring input prices across the agricultural sector, particularly in relation to fertiliser, farmers will need access to increased levels of working capital this Spring. Farmers across North Kerry are facing into a period of price inflation and increased uncertainty.

Cultivate, which provides farm loans from the credit union is helping to address this working capital challenge. Cultivate is collaborating with independent local Agri Merchants nationwide to provide additional credit to farmers following this dramatic increase in fertiliser prices.

While everyone hopes that this is a short-term issue, additional supports are now needed. Credit unions including Listowel Credit Union are stepping up to support local farmers who are looking to access a credit facility by offering a working capital loan to manage their cashflow this Spring.

Joe Healy, former President of the IFA and now Chairperson of Cultivate, said:
“This is good news for the agriculture sector. It’s an initiative that will be of benefit to both farmers and merchants. With a Cultivate Credit Union loan, farmers in County Kerry are increasingly able to benefit from the local decision making and personal service offered by Listowel Credit Union, Killarney Credit Union and Cara Credit Union. Cultivate offers local farmers the opportunity to talk with people who understand farming and to agree a financial package that is tailored to best suit the needs of the farmer and their farming enterprise.”

Speaking on behalf of Listowel Credit Unions, Ashley FitzGerald said:
“We understand the vital importance of fertiliser each Spring and the difficulties that the increased cost will have on farmers. Listowel Credit Union is here to support our farming members in this time of turbulence. Cultivate loans are unsecured loans of up to €50,000. For any farmer who wants to find out more about how to access a Cultivate loan, they call our Cultivate Officer Denyse Shine on 068 21938, visit in branch or go to”

For any farmer who wants to find out more please contact Listowel Credit Union.
Tel: 06821938 | Email: