Drawing upon data and insights from eleven financial institutions, the Council on Smallholder Agricultural Finance (CSAF) today released its annual “State of the Sector” report. Visit the CSAF website to download the report and learn more about the evolving credit market for agricultural SMEs, including:
- Growth and risk trends from 2016
- Market outlook for 2017 and beyond
- What’s needed to grow the sector and expand impact
Formally established in 2014, CSAF convenes the world’s leading agricultural lenders to exchange ideas, identify best practices, and develop industry standards. Its members, including Incofin, are focused on creating a thriving, sustainable, and transparent financial market to serve the financing needs of agricultural SMEs in low- and middle-income countries.
In 2016, the eleven lenders that comprise CSAF issued loans totaling a combined $682 million to 765 business across 65 countries. This financing helped to fuel an estimated $7.6 billion in combined annual revenue for these businesses, which connected 2.3 million smallholder farmers to local and international markets. The report and the research on which it is based was developed in partnership with MIX as well as with the Mastercard Foundation and the Small Foundation.