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Agricultural and Rural Finance in Mali (FARM)

Cooperative Development Organisation

Implementing Partners and Organisations

Global Affairs Canada

Period of Implementation

January 2015 - June 2021

Geographic scope

Africa: Mali


$ 14,728,000
€ 14 026 667


Bilateral Aid: Global Affairs Canada


Banking & Financial Services, Insurance, Rural Development

Type of Activity

Business-to-Business exchanges, Networking, Technical Assistance & Advisory, Training & Capacity Building, Value Chains / Socioeconomic Circuits


Results as of June 30, 2021 (end of project) 1) Nearly 27,000 agricultural loans were granted, 52% to women, totaling near USD9 million 2) 5,034 jobs were created as a result of the loans received 3) 3 new credit products tailored to women were developed 4) Employees of 6 financial institutions received skills development training 5) More than 2,000 women participated in training and awareness activities 6) Financial protection mechanisms were improved for farmers and financial institutions: 7) 3 crop insurance products (rice, corn and onions) are now offered 8) A loan guarantee fund was deployed for participating institutions 9) An environmental and social risk management system was set up at various institutions

Project Objectives

The goal of the FARM project was to set up an agricultural and agri-food financing system to improve access to agricultural credit and stimulate entrepreneurship and job growth in the agri-food sector.

Impact on SDGs

SDG1 - No Poverty
SDG2 - Zero Hunger
SDG5 - Gender Equality
SDG8 - Decent Work and Economic Growth
SDG13 - Climate Action

Direct beneficiaries

Organisations: 6

Local stakeholders

Nyèsigiso, Kafo Jiginew

Key Tags

Entrepreneurship, Food Security, Gender