Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Finnfund finances Agflow Poultry to boost livelihoods of Ethiopian farmers

Finnish development finance agency Finnfund made a $10 million loan to Agflow Poultry to expand its EthioChicken farm network.

EthioChicken launched in 2010 to hatch and sell chicks to rural Ethiopians to boost food and income security. The company sells non-native breeds, which it maintains thrive better than Ethiopian chickens. EthioChicken has sold 13 million chicks in the country through 1,800 rural agents and 700 employees, 40 percent of them women.

Ethiopia is afflicted by drought, a surging population and political instability, which make it vulnerable to food crises.

Outside of Ethiopia, chicken ownership and farming has won support from prominent funders, like Bill Gates, who has been outspoken about the potential of small-scale poultry farms to aid poor women. His foundation recently gave $21.4 million to the World Poultry Association.

You might also like...