Our Work

Approach

Access to credit is needed for agriculture growth in Tanzania. Many farmers do not have the business documentation that banks require to secure loans. This limits the ability of financial institutions to provide loans because they lack a clearly documented history of borrowers’ real revenues, collateral, and risk profile.

Objectives

• Improve access to finance for small-scale farmers, women, and youth in Tanzania by improving the agri-finance ecosystem through working with financial institutions and strengthening the capacity of both borrowers and lenders.
• Increase access to credit by facilitating $21 million in loans for businesses.
• Increase the availability and adoption of priority climate-smart agricultural technologies, which expands investment and increases agricultural productivity and incomes.
• Boost the incomes and bankability of small-scale farmers, women, youth, and micro, small, medium, and large enterprises by working with a minimum of 15 agricultural enterprises and facilitating $6.5 million in sales from these businesses.
• Deliver targeted technical capacity strengthening and direct training and coaching to over 1,000 individuals, including business owners, women, and youth, in financial and money management skills, business planning, finance and investment, development of funding proposals, record keeping, loan applications, and loan repayment and saving strategies.
• Strengthen the operational capacity of financial institutions to expand agri-lending, with a focus on small-scale farmers, women, youth and agribusinesses, by training 300 staff at financial institutions and facilitating the development of 23 agri-finance products and services.