DDGF

Posted By in AgriProFocus Kenya
Posted 2 February 2016 at 10:01

Investing in the entrepreneurial [SME] farmer - a step in promoting farmer entrepreneurship

Through the support of the Dutch Good Growth Fund [DDGF], Financial Access have developed a financial platform - FACTS (Financial Access Commerce & Trade Services). FACTS aims at bridging the so-called ‘Missing Middle’: the working capital gap of small producers and suppliers who must wait long periods to get paid for delivered products or services in domestic supply chains. 

The investment, divided into a seed capital investment and technical assistance grant in the first instance, will support the launch and roll out of the FACTS financing businesses focused on agricultural supply chains in Kenya and Uganda. For more details click on the press release here

More information about Financial Access http://www.factsafrica.com

Alphaxrd Gitau Good Initiative.Smallholders should be able to access financial support in an easy but more structured way with lower rates of return.The normal financial institutions are very exorbitant on the small scale suppliers, distributors, buyers and farmers.Looking forward to explore ways on how to mostly enable the youth access to funds in a more simpler way...

2 years 3 months ago