We have been contacted by a funder looking to provide €1-4 million to support financial institutions focused on smallholder farmers.

TARGET ENTITIES

  • traditional banking institutions actively lending to smallholder farmers and agri-SMEs (e.g. agri-banks, microfinance institutions) or seeking to grow their agri-portfolio;
  • insurance companies covering the agricultural risks of smallholder farmers and agri-SMEs;
  • non-banking financial intermediaries lending to smallholder farmers, cooperatives, savings and credit cooperatives, farmers’ organizations, and agri-SMEs;
  • fintech and alternative lenders.

FINANCIAL CRITERIA

SME Banks

& Deposit Taking MFIs

Other MFIs

& Non-bank FIs

Fintech

& Alternative Lenders

Years of operations ≥ 3 years, minimum ≥ 3 years, minimum ≥ 1 year, minimum
Size Portfolio size > USD 10M Portfolio size > USD 5M and/or

Sales / Income > USD 1M

Portfolio > USD 1M, or Disbursements > USD 1M, or Sales / Income > USD 1M
Asset Quality

(incl. w/offs)

PAR30 < 15% PAR30 < 15% PAR30 < 10%
Closing Leverage Debt to equity <5x Debt to equity < 4x Debt to equity < 5x
Profitability Break even, or profitable month-on-month

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