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Latest Impact Findings on Financing Africa's Smallholder Farms (Event Resources)

Organization(s): 
Opportunity International
Author(s): 
John Magnay
Simona Haiduc and Genzo Yamamoto
Institutional Sponsor: 
United States Agency for International Development (USAID)
Publication date: 
Friday, February 28, 2014

image John Magnay, head of Agricultural Finance, and Simona Haiduc, Vice President of International Business Development, presented the Latest Impact Findings on Financing Africa’s Smallholder Farmers, a discussion on Opportunity International's rural finance model, impact assessment results and strategy for reaching more of Africa’s smallholder farmers. Since 2009, Opportunity International has disbursed more than 164,000 agricultural loans and opened more than 618,000 rural savings accounts across Uganda, Malawi, Rwanda, Ghana, and Mozambique in collaboration with key partners, including The Bill & Melinda Gates Foundation, The MasterCard Foundation, The Caterpillar Foundation and John Deere. Last year, Opportunity International conducted a rigorous impact study across three countries that demonstrated that rural finance initiatives can help support client farmers to increase their crop yields, improve their cash flow, and improve access to vital necessities including food, education, and health care.