FMO has extended a US$ 4 million loan to Babban Gona via its Farmer Finance program. The investment comes from MASSIF, the financial inclusion fund that FMO manages on behalf of the Dutch government.
As its incorporator, it is with great pride that IDH can announce the andgreen.fund
Agri-finance company Agronomika Finance Corporation, agri-business company Kennemer Foods International Inc., FMO and IDH are partnering to provide a Philippine peso loan in the equivalent of USD 2 million for smallholder coconut farmers to invest in cocoa, a crop that could raise farm incomes by 400%.
Reducing global poverty and improving food security is largely dependent on smallholder farmers becoming more productive. They must do so, however, in the face of new challenges caused by climate change, including devastating crop loss and increased droughts.
Making cocoa farming more sustainable and profitable for farmers