Dealflow | October 29, 2020

European impact investors launch $40 million emergency fund for smallholder farmers

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, October 29 – Belgium-based impact investor Incofin estimates that COVID disruptions to the global food supply chain have cost each of the world’s smallholder farmers $500 in income. Incofin is partnering with German development bank KfW and Germany’s Federal Ministry for Economic Cooperation and Development (BMZ) to provide relief to cooperatives, agri-processors and exporters that support and buy from smallholder farmers in Latin America, Africa and Asia. 

The $40 million Agri-Finance Liquidity Facility will be disbursed through members of the Council on Smallholder Agricultural Finance, which includes Global Partnerships, Oikocredit, Root Capital, Rabobank and others.