PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

577067

Primary Business Area

Access To Finance

Disclosure Date

Dec 29, 2011

Country

World Region

Region

Global

IFC Approval Date

Jun 27, 2011

Status

Active

Estimated Total Budget

$3,950,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Mar 1, 2011

Project Description

The three-year program works in close cooperation with IFC's existing pipeline of strategic agribusiness initiatives, creating synergies, with particular emphasis on support for the food security effort. It increases access to finance for the agriculture supply chain—from the small farmer to commercial farms to micro and small and medium enterprises (SMEs) operating in the agribusiness sector. Its main clients are financial institutions (FIs) and nonbank FIs that support the whole agricultural supply chain. Key beneficiaries include local SMEs in the agricultural supply chain (suppliers, producers, traders, processors, storage facilities, and so on). Main activities are: 1) building capacity of client FIs to lend to the agriculture sector; 2) linking FIs to sustainable supply chains; and 3) linking insurance to agrifinance. The objective is to foster a measurable increase in the availability of agriculture finance in IFC clients' portfolios globally.