Our Portfolio

LAFCo targets commercial SMEs and farmer cooperatives that have limited access to working capital, but are able to responsibly repay loans.

The portfolio includes African SMEs that meet the facility’s borrower criteria in various value chains and business types. LAFCo plays an additive role in the market by providing loans to businesses that face barriers to accessing working capital from the local financial sector for reasons such as overly stringent security requirements, cumbersome loan approval and disbursement processes, and prohibitive or opaque pricing.

LAFCo launched in June, 2015 and is currently evaluating loan applications in East and West Africa.

Please click to see portfolios
Country No. Facility Size Investment type Start date
Ghana 2 $6,000,000
Cocoa $ 3,000,000 Revolving working capital 2019
Fertilizer $ 3,000,000 Working capital 2019
Nigeria 1 $3,000,000
Raw cashew nut exports $ 3,000,000 Revolving working capital 2019
Tanzania 3 $7,000,000
Raw cashew nut exports $ 3,000,000 Export finance facility 2019
Nuts & seeds $ 2,000,000 Revolving working capital 2019
Agricultural equipment $ 2,000,000 Amortizing term note 2020
Côte d’Ivoire 1 $3,000,000
Raw cashew nut exports $ 3,000,000 Revolving working capital 2019
Rwanda 1 $2,000,000
Import Export of Agri products/Fine maize products $ 2,000,000 Warehouse financing 2019
Zambia 2 $7,000,000
Fresh fruit $ 3,000,000 Receivables discounting 2020
Grains $ 4,000,000 Warehouse financing & receivables discounting 2020
Togo 1 $2,000,000
Coffee $ 2,000,000 Revolving working capital 2020
  • 65K

    Total Producers
  • 33%

    Percent Female Producers
  • 7K


Which business can qualify for a loan?

LAFCo lends to agricultural SMEs across the value chain that work directly with smallholder farmers, and which have constrained access to working capital. Given the cross-value chain focus, LAFCo borrowers could be agro-dealers or input providers, cooperatives, outgrower schemes, processors, traders or logistics providers.

The primary focus of LAFCo is on agricultural SMEs that advance local food security. This includes SMEs working in food crop value chains, specifically those involved in domestic and intra-Africa trade. Secondarily, and to a lesser extent, LAFCo will also lend to SMEs that work in cash crops for the overseas export market, primarily in the interest of portfolio and income diversification.

An initiative by