Partnership agreement signed between Huvadhoo Aid and four local farmers to develop HAD CROP

A partnership agreement has been signed between Huvadhoo Aid and four local farmers to develop HAD CROP, the agricultural farm of HED Maldives Co-operative Society. HED Maldives co-operative society is the business wing of Huvadhoo Aid. Under the agreement Huvadhoo Aid will develop all the infrastructure facilities and provide fertilizers and pesticides on credit basis through the retail shop of Huvadhoo Aid. In addition the financial book keeping and other administrative matters will be handled by Huvadhoo Aid. This is a step taken ahead in the Community partnership programme . Under the partnership Huvadhoo Aid is entitled to get 15% of profit and partners are entitled to get 85% profit which will be equally divided among the four partners. Huvadhoo Aid’s Executive director Mr. Imad Mohamed signed the agreement on behalf of Huvadhoo Aid

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