Publication: Access to Finance for Smallholder Farmers
Files in English
3,889 downloads
85 downloads
456 downloads
33 downloads
Date
2014
ISSN
Published
2014
Author(s)
International Finance Corporation
Abstract
The percentage of smallholders with
access to finance is equally difficult to quantify.
According to estimates, even promising approaches to
expanding smallholder lending, such as value chain finance,
are reaching fewer than 10 percent of smallholders,
primarily those in well-established value chains dedicated
to higher value cash crops. International Finance
Corporation (IFC) has been engaged for several years in
learning efforts through diverse partnerships to obtain
insights into the challenges of agricultural finance. The
evidence of microfinance institution (MFI) involvement in
financing commercial and semi-commercial smallholders
remains anecdotal and lacks specifics on what makes MFI
lending to these segments feasible, and what restricts their
reach and effectiveness. This IFC study aims to identify and
disseminate lessons emerging from the work of MFIs that have
implemented agricultural operations targeting agricultural
smallholders in Latin America and the Caribbean (LAC) to
support replication and expansion of scalable approaches.
Through this research, IFC seeks to understand the
motivations of MFIs that venture into agricultural finance,
how the products they offer have been structured, and how
they were implemented, with a specific focus on agricultural
finance programs, and products that are designed for
smallholders in loose value chains and non-commercial
(subsistence) farmers.
Citation
“International Finance Corporation. 2014. Access to Finance for Smallholder Farmers; Acceso a las finanzas para pequeños productores agropecuarios : lecciones de las experiencias de instituciones microfinancieras en América Latina. © Washington, DC. http://openknowledge.worldbank.org/handle/10986/21679 License: CC BY 3.0 IGO.”