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Increasing Access to Finance for Agribusinesses
Published 10/05/2015 by Global Communities
Increasing Access to Finance for Agribusinesses
Global Communities is implementing the five-year Agribusiness Investment for Market Stimulation (AIMS) program to bolster trade by increasing access to financing for small and medium enterprises (SMEs) engaged in agribusiness in Kenya, Tanzania and Malawi. The core of the program supporting lending banks will be a proposed $50 million loan guaranty facility (LGF) backed by the Overseas Private Investment Corporation (OPIC) of the United States Government. Global Communities will complement this LGF with technical support to partner banks and agribusiness SMEs, including cooperatives, farmer associations and savings and credit cooperatives.
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