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.