Access to Finance

Financial institutions in Africa are, in general, unfamiliar with agricultural lending and specifically unfamiliar the seasonality of the agricultural commodities and the cycle for processing.   They need to be trained in analyzing agribusiness requests for credit and in the administration of approved facilities (credit administration and disbursement timing). The need to understand that the procurement of raw materials is an annual event and that purchases must be in quantities sufficient to meet the capacity of the processing unit for its annual uninterrupted efficient production is crucial. Moreover, the various stakeholders in the value chain will also be capacitated on the various financing options in the financial sector and the terms and conditions of accessing such financing from the institutions. This will be accomplished through the program of linking financial institutions to the agribusiness value chain that will bring together the stakeholders and the financial institutions in a B2B forum.

Be informed!

Sign up for newsletter