Consortium DID-FADQDI
$18,110,000.00 CAD
- Department
- Global Affairs Canada
- Recipient country
- Canada
- Fiscal year
- 2014-2015
- Agreement period
- September 3, 2014 – April 30, 2023
- Reference
- dfatd-maecd:GC-2015-Q2-0004
Published purpose
This initiative assists a select number of viable financial institutions in acquiring the expertise and capacity in agricultural financing to address unmet agricultural producer demand for medium to long-term financial services in southern regions of Mali, namely Ségou, Koulikoro, Bamako and Sikasso. Working through Développement International Desjardins, one of the most highly regarded technical assistance providers to local financial organizations, the project : (1) supports local financial institutions to build capacity in rural credit provision and management; (2) stimulates new agricultural lending through a guarantee fund and a line of credit; (3) reduces the financial risk inherent to small-scale agriculture through crop insurance; and (4) supports a restructuring of the microfinance system.
In plain English AI-generated
This initiative helps financial institutions in Mali build capacity in agricultural financing, offering credit, guarantees, and crop insurance to small-scale farmers in southern regions.
Category: Foreign Aid Development Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
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