Pioneer Facility Announces First Bangladesh Investment in Agri-Tech Innovator iFarmer
The Pioneer Facility, an impact fund managed by Nexus for Development, has announced a $500,000 loan to iFarmer, a leading agri-tech company in Bangladesh. The three-year loan will provide critical working capital to iFarmer, enabling it to procure agricultural produce from smallholder farmers and purchase essential agricultural inputs directly from manufacturers for farmers.
Photo courtesy of UN Women Asia and the Pacific.
Source: Nexus for Development (link opens in a new window)
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