Description of the Project :
LAFCo provides loans to agricultural SMEs throughout sub-Saharan Africa that work directly with smallholder farmers, with a primary focus on businesses that advance local and regional food security. They endeavors to serve the day-to-day working capital needs of agricultural businesses, particularly those operating in staple food crop value chains.
Innpact contribution :
Innpact actively collaborated with the initiating partners in the set-up and implementation phase of LAFCo as a Mauritius-based GBL1 Investment Company. Innpact has further been mandated to continue its support to LAFCo and Root Capital as Company Consultant
- Name: Lending for African Farming Company
- Inception : 2015
- Initiators : KfW Development Bank, AgDevCo
- Company Manager : Root Capital, Cambridge, USA
- Sector : Agriculture
- Geographic Focus : Sub-Saharan Africa
- End‐Beneficiaries : Agricultural enterprises
- Financial Instruments : Debt instruments
- Type : Debt Fund
- Info : www.lendingforafricanfarming.com