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Agribusiness Investment for Market Stimulation (AIMS)

Published 01/06/2016 by Global Communities

Agribusiness Investment for Market Stimulation (AIMS)

Agribusiness Investment for Market Stimulation (AIMS) is a five-year initiative of Global Communities to expand trade in key agricultural sectors in Kenya, Tanzania and Malawi through market and trade stimulation. Since its inception in 2014, AIMS stimulates market and trade by investing and building capacity of small- and medium- agribusiness enterprises (SME). AIMS is supported by the U.S. Department of Agriculture.

A key focus of AIMS is expanding bank lending to SMEs in agribusinesses through a $50 million loan guaranty facility(LGF) backed by the Overseas Private Investment Corporation (OPIC) of the U.S. Government, and building the capacity of banks to lend to agribusinesses through enhanced skills and better products.

AIMS also works with business development service providers to build the capacity of agribusinesses and improve their access to regional markets through enhanced buy-seller linkages and access to market information.
Read more here.