Agricultural Economics Program

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Core problem The agricultural sector, the driving force of the Ivorian economy, is dominated by small-scale, subsistence-oriented production units. Inadequate access to sales markets and a lack of investment capital are hampering their development. In addition, credit institutions are reluctant to grant loans to small farmers. Module objective The aim of the project is to improve the economic situation of supported small farmers, cooperatives and small and medium-sized agricultural companies while at the same time complying with agreed environmental and social standards. Key outputs A financing facility will be set up that will provide credit lines for selected banks and microfinance institutions to grant agricultural loans, provided that they in turn grant loans to the final borrowers in accordance with the terms and conditions of the facility. The financial partners will receive strategic advice on the expansion potential of their agricultural portfolio in order to give new target groups access to financing and to improve credit offers for value chains beyond cocoa and rubber. At the same time, relevant organizations supporting the actors in agricultural value chains are supported with technical advice on improving their training offerings. Target group Small farmers in rural areas who have access to land, land use rights and the necessary workforce, but not sufficient financial resources, knowledge and skills to produce high-quality products and market them. This includes the large number of family-run, subsistence-oriented farms that are unable to take the step out of poverty due to low productivity and a lack of market connections. Contribution to Agenda 2030 - No Poverty - No Hunger