This pioneering initiative will improve access to finance over the next five years, contributing to scale up digital financial solutions and piloting insurance to 500,000 low-income farmers, including women, youth entrepreneurs.

By addressing the need for improved access to financial services and support for MSMEs in agriculture, the project aims to contribute to the creation of jobs and the sustainable and inclusive economic development of the sector.

The general objective is to test a tailor-made and innovative agricultural product for smallholder farmers and expand the loan products to rural areas.

This very important commitment brings the duration of the advisory services provided by AFC to a total of nine years, with a total contract value of EUR 3.4 million.

Guidelines intended to provide guidance on how to overcome the current crisis, generally make financial services business more resilient and to sustain/grow in the new reality.