Countries
Mexico, Bolivia, Honduras, El Salvador, Guatemala, Haiti
Local project partner
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German project partner
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Donor
IFAD
Duration
15.11.2021 - 31.08.2023
The Covid-19 pandemic had a strong impact on smallholder farmers and their respective organisations, presenting them with new challenges: reduced access to resources and raw materials for food production, reduced transport and marketing of their produce, and reduced access to financial services (including insurance and technological support).
The project targets 9,000 households as direct beneficiaries. In addition to smallholder farmers, the priority target groups are vulnerable households, who are highly affected by Covid-19, and particularly vulnerable groups such as women, young people and indigenous people.
The overall objective of the project is to help smallholder farmers recover faster and better from the impacts of Covid-19 by improving the availability and quality of technology-based solutions. This will enable them to have better access to markets, financial services and non-financial services.
To achieve this goal, the project aims to strengthen the system of financial and non-financial services for smallholder farmers provided by Agritech/FinTech companies. This is expected to contribute to food security, income generation and increased socio-economic resilience of the rural population and smallholder producers.
Tasks
- Assessment of demand and supply of innovative agricultural and financial services
- Provision of innovative agri/fintech services for economic recovery
- Scaling up innovation through financing levers for scaling up and sustainability
- Monitoring and evaluation and knowledge management