Financial inclusion in cocoa farming

IMPROVING THE COMPETITIVENESS OF AGRICULTURAL VALUE CHAINS.

Appui à l’autonomisation et à l’inclusion financière des acteurs du secteur du cacao en Côte d’Ivoire

Context

  • Low level of access to financial services for cooperatives companies and producers in the cocoa sector.
  • The finance providers have a poor perception of the players solvency in the agricultural sector.
  • Banking products or services and repayment terms are not adequately suited to the needs of targeted clients in rural areas.

Transformative approach

  • Promote the introduction of financial systems suitable for cocoa producers and cooperatives
  • Identify the short and long-term financial and insurance needs of cocoa cooperatives and producers.
  • Provide technical assistance and capacity building to enable farmers and cooperatives to access banking services

Our achievements

  • Assessments of over a hundred cocoa cooperatives in Cote d'Ivoire; evaluation of their professionalization development.