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Kiva and The MasterCard Foundation Announce Five-Year Project to Expand Financial Access Among African Smallholder Farmers and Rural Populations
Kiva and The MasterCard Foundation today entered into a five-year, $7.9 million partnership to test and scale financial services and loan products tailored to the unique needs of smallholder farmers and rural populations in Sub-Saharan Africa. Support from The MasterCard Foundation underscores its commitment to enable financial inclusion strategies with high-impact potential.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Making Asset Finance Work for Small Scale Agribusiness
A $50 billion dollar investment opportunity currently exists in the agribusiness sector for storage infrastructure, with the potential to raise income in small-scale agribusiness by 80-140%.
- Categories
- Agriculture
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Root Capital and The MasterCard Foundation to Increase Incomes for 300,000 Farmers in West Africa
Impact investing pioneer Root Capital (www.RootCapital.org) announced today at the African Green Revolution Forum a new partnership with The MasterCard Foundation (www.MastercardFdn.org) that will help raise incomes for over 300,000 smallholder farmers in West Africa. The Foundation has committed $5.2 million to Root Capital over five years to support early-stage agricultural businesses that generate transformational impact in rural communities in Côte d’Ivoire, Ghana, and Senegal.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Alliance for a Green Revolution in Africa announces over $800,000 grant to Esoko Ghana for agriculture
The Alliance for a Green Revolution in Africa (AGRA), has announced an $867,788 grant to Esoko Ghana for the implementation of MasterCard Foundation project to boost agro input supply for smallholder farmers.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Business Development Fund, 450 Microfinance Institutions Partner to Ease Agriculture Financing in Rwanda
The issue of high rates and lack of collateral demanded by banks before they issue loans to farmers will soon be history thanks to a deal reached with 450 microfinance institutions, according to the Chief Executive Officer of the Business Development Fund, Innocent Bulindi.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Uncommon Cacao Raises Impact Investment Capital From Acumen, PI Investments
Uncommon Cacao, an industry-leading premium cacao supply chain operation, announced the closing of its Series A impact investment capital raise led by Pi Investments as lead investor and Acumen as the largest investor in the round.
- Categories
- Agriculture, Investing
- Region
- Latin America
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Roundup: Jo Cox remembered, investors collaborate and Kenyan cabs
In this week's extensive Roundup, we remember Jo Cox, who was an extraordinary global health advocate; look at the leverage held by smallholder farmers; and wonder if Littlecabs will end up being a big headache for Uber in Kenya. Plus plenty more.
- Categories
- Uncategorized
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UPDATED Weekly Roundup: Haiti’s Peanut Pushback, Moms Vs. Markets and Should Google’s Payday Ban Apply to Microfinance?
This week in the roundup we consider the pushback of Haitian farmers and NGOs against the U.S. government's mass peanut donation, how marketers might be undermining mothers who breastfeed, and whether Google's ban on ads from payday lenders could justifiably be applied to microfinance.
- Categories
- Agriculture, Health Care