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FINCA Ventures Finca Ventures Invests in Farmer Livelihoods, Financial Inclusion and Education
Source: ImpactAlpha
FINCA Ventures, the venture arm of the global microfinance institution FINCA, invests in early-stage social enterprises providing essential products and services for low-income people. Its latest investments include Cassvita, an agtech venture helping farmers in Cameroon grow cassava as a climate-resilient alternative to other crops.
Cassvita connects farmers to financing for inputs, buys their harvest, and processes it into flour as a wheat substitute or for making instant fufu, a popular West African dish. Cassvita says its processing prevents crop spoilage, boosting farmers' income by as much as 400 percent.
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