Access to Finance

One of the most difficult challenges for small and medium-sized enterprises (SMEs) and smallholder farmers is accessing appropriate and affordable financing. CNFA improves financial access for these groups by engaging both supply- and demand-side stakeholders to help in clearing away obstacles to obtaining agricultural financing. We work with commercial banks, micro-finance institutions, village saving and credit groups, non-bank lending institutions and policy-makers to improve their ability to design and market agricultural lending products. We also provide training in business planning and loan application development to help generate commercial opportunities for banks and other lenders.

By understanding the inextricable link between financial access and agricultural productivity, market access, and entrepreneurial growth, we ensure that this is prioritized throughout our program design and implementation. In Kenya, we established the first Shariah-compliant savings and credit cooperative micro-finance organization that focuses on livestock, animal production and agriculture. We advised Egyptian commercial bankers in value chain financing, and developed affordable loan products for Afghanistan’s emerging entrepreneurs. In some cases, as through CNFA’s well-known agrodealer model, we also facilitate trade credit for farmers and input suppliers. By providing technical assistance to financial intermediaries and increasing access to financing for entrepreneurs, we improve production, market opportunities, and incomes.

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