Affordable Agricultural Financing for Resilient Rural Development

Finance Ministry Rolls Out US$69 Million Affordable Agriculture Financing Project

Finance Ministry Rolls Out US$69 Million Affordable Agriculture Financing Project

To help address the challenge of difficult access to agribusiness financing, an intervention dubbed the ‘Affordable Agricultural Financing for Resilient Rural Development (AAFORD)’ project has been rolled out. The US$69 million project’s primary objective is to improve agricultural productivity, incomes and resilience of smallholder farmers, vulnerable women and the youth. This is expected to be achieved by increasing access to affordable finance in support of better marketing linkages, sustainable and climate-smart strategies, skills and enterprise development in agricultural value chains. It will incorporate a targeted inclusive policy to develop the potentials of women and youths as ‘untapped resources’ for family…
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