Meeting the working capital needs of Africa’s agricultural enterprises.

With rapid population growth and urbanization leading to unprecedented demand for food, Africa’s agriculture sector is struggling to access the capital needed for sustainable growth. 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. LAFCo endeavors to serve the day-to-day working capital needs of agricultural businesses, particularly those operating in staple food crop value chains.

Objectives

  • Improve rural livelihoods
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  • Enhance food and nutritional security
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  • Catalyze a financial market to benefit smallholder farmers

Which businesses can qualify for a loan?

LAFCo lends to agricultural SMEs that work directly with smallholder farmers, and which have constrained access to working capital. Eligible LAFCo borrowers could include the following:

Borrower Types

  • Agro-dealers or input providers
  • Processors
  • Traders, distributors, exporters
  • Logistics providers
  • Other agricultural businesses

Value Chains

  • Primary focus on agricultural SMEs working in food crop value chains, advancing local food security.
  • Secondary focus on SMEs working in cash crops for overseas export market.

LAFCo Target Countries

  • Benin
  • Burkina Faso
  • The Democratic Republic of Congo
  • Côte d’Ivoire
  • Ghana
  • Kenya
  • Liberia
  • Mali
  • Rwanda
  • Senegal
  • Tanzania
  • Togo
  • Uganda
  • Zambia

This list will continue to grow as LAFCo explores opportunities to extend financing in other countries in Sub Saharan Africa. Prospective countries include Burundi, Cameroon, Madagascar, Malawi and Sierra Leone.

Request a loan

News & Noteworthy

  • 03 June 2020

    New $15 Million Lending Facility to Finance African Agricultural Enterprises

    Read More

  • 08 August 2017

    LAFCo 2016 Annual Report

    Read More

  • 22 July 2015

    Lending for African Farming

    Read More

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