Lending, savings products, insurances, and payment transactions are essential components of rural development and financing. We focus on the needs of agricultural micro-enterprises and the creation of needs-based and tailored agricultural financing products considering cultivation cycles and seasonal fluctuations. However, rural finance also includes completing value chains and hedging instruments, such as targeted insurance products or payment and supplier guarantees.
Project example: Mexico - strengthening the agricultural sector and promoting rural development
German Sparkassenstiftung is committed to boosting agricultural productivity and ensuring a sustainable food supply for the growing population in Mexico. We offer training to improve financial and entrepreneurial education in rural areas. By broadening the entrepreneurial knowledge of agricultural producers, we secure agricultural incomes by boosting productivity and help to ensure a sustainable supply of food to the people. In addition, a hackathon was held in October 2019, where innovative digital solutions for small farmers and agricultural enterprises were developed.