AGREENFI supports the transformation of the practices of partner financial institutions to promote financing for economic activities, including agricultural activities, in rural areas. These activities mainly focus on family farms, producers’ organizations, cooperatives, as well as microenterprises and small and medium-sized enterprises.
Thanks to a range of financial services tailored to the needs of local financial institutions, as well as customized institutional and technical assistance, AGREENFI also supports the implementation of local public policies for agriculture and rural territories. The ultimate objective is to facilitate access to appropriate financial services and technical, financial and management assistance for rural and agricultural actors. AGREENFI thereby stimulates the development of productive agricultural activities and their integration into value chains, basic services and non-agricultural income-generating economic activities.
AGREENFI is based on four main operating methods which increase and improve the local range of services (tailored to the specific nature of agricultural and rural activities) and reduce risks for actors who contribute to financing the sector. The four methods are as follows:
- Appropriate financial resources for local financial institutions
- A risk-sharing mechanism for financial institutions
- Support for capacity building for financial partners and actors in the agricultural and rural sector
- A possible investment grant mechanism for project initiators.