FARM (Agricultural and Rural Finance in Mali)
Cooperative Development Organisation
Implementing Partners and Organisations
Period of Implementation
Geographic scope
Africa: Mali
Budget
Donor(s)
Bilateral Aid: Global Affairs Canada (GAC)
Sector(s)
Type of Activity
Summary
The ultimate outcome of the FARM project is "Increased productivity of the agricultural sector in Mali for the regions of Koulikoro, Sikasso and Segou and the district of Bamako". To achieve this result, the DID-SOCODEVI team has implemented an agricultural financing strategy based on i) the professionalisation of financial and insurance institutions for prudent and concerted action ii) a loan guarantee program to encourage the participation of financial institutions in agricultural financing, and iii) a crop insurance program to avoid decapitalization among agricultural producers. By developing a secure financial services offer, access to agricultural credit has been improved, and agricultural entrepreneurship and job creation in the agri-food sector have been stimulated.
Project Objectives
To enhance the offer of financial services and risk management approaches for agricultural producers in Mali.
Impact on SDGs
Main Indicators
Impact Measurement
Direct beneficiaries
Organisations: 14
Individuals: 16738