together with NpM Platform for Inclusive Finance and the Food & Business Knowledge Platform
Josien Sluijs, director of NpM, Platform for Inclusive Finance:
“Why is it so difficult for African farmers to have access to loans? If farmers are organised in formal groups, it is much easier for a financial institution to give a loan. The study ‘Finance for Smallholders’, carried out together with AgriProFocus and funded by the Food & Business Knowledge Platform gives insights. The study provides 14 models in Ethiopia, Mali, Rwanda and Uganda, in which NpM or AgriProFocus have managed to successfully finance farmers. AgriProFocus networks in Kenya, Uganda, Tanzania, Benin and Mali, in cooperation with NpM, organised expert meetings to discuss the outcomes of the research. The meetings included a broad delegation of farming organizations, (micro)finance institutions, banks, national and international development organizations, insurance companies, government officials and consultants. The overall conclusion of the expert meeting participants is that 1) there is an urgent need for appropriate, flexible and timely financial services tailored to the production cycle of small farmers, 2) producer organizations play a key role in access to markets, training and finance, 3) government support is needed through regulatory framework and stimulation of innovation and 4) donors and investors are to take a facilitating role, also supporting innovation, partnership and high risk investments.
I was overwhelmed with the response we received during these meetings. In Uganda a participant from the Ministry of Finance indicated he wanted to use our research for policy making. This is exactly what we meant to achieve!”
Lisette van Benthum, Network Facilitator Access to Finance, AgriProFocus:
“Our network includes stakeholders that implement innovative financing models. In cooperation with NpM and F&BKP we were able to study these for learning and inspiration of the entire member network. Our strength lies in linking, learning from the outcomes and creating leadership opportunities regarding the way forward.
In a workshop during the ‘Africa Works’ conference by NABC in November 2016 in Amsterdam we shared the results from these expert meetings with 40 participants. To further build upon these results, the participants were asked to be that day’s expert panel and discuss amongst each other three burning issues. All the interesting ideas and questions that came up in the workshop will be used in the future activities of both AgriProFocus, NpM and F&BKP regarding Access to Finance.”
Read more about country specific workshops and outcomes: