LAFCo – Lending for African Farming Company
Sustainable Development Goals (SDGs) targeted
![Innpact United Nations Sustainable Development Goal #2 Zero Hunger Innpact United Nations Sustainable Development Goal #2 Zero Hunger](https://innpact.com/wp-content/uploads/2022/02/Innpact_UN_SDG2_Zero_Hunger-e1646053055660.png)
![Innpact United Nations Sustainable Development Goal #8 Decent Work and Economic Growth Innpact United Nations Sustainable Development Goal #8 Decent Work and Economic Growth](https://innpact.com/wp-content/uploads/2022/02/Innpact_UN_SDG8_Decent_Work_and_Economic_Growth-e1646054127375.png)
![Innpact United Nations Sustainable Development Goal #12 Responsible Consumption and Production Innpact United Nations Sustainable Development Goal #12 Responsible Consumption and Production](https://innpact.com/wp-content/uploads/2022/02/Innpact_UN_SDG12_Responsible_Consumption_and_Production.png)
Description of the Project
LAFCo provides loans to agricultural SMEs throughout sub-Saharan Africa that work directly with smallholder farmers, with a primary focus on businesses that advance local and regional food security. They endeavors to serve the day-to-day working capital needs of agricultural businesses, particularly those operating in staple food crop value chains.
Innpact contribution
Innpact actively collaborated with the initiating partners in the set-up and implementation phase of LAFCo as a Mauritius-based GBL1 Investment Company. Innpact has further been mandated to continue its support to LAFCo.
Project Factsheet
- Name: Lending for African Farming Company
- Inception : 2015
- Domicile: Mauritius
- Initiators : KfW Development Bank, AgDevCo
- Company Manager : Barak Fund Management
- Sector : Agriculture
- Geographic Focus : Sub-Saharan Africa
- End‐Beneficiaries : Agricultural enterprises
- Financial Instruments : Debt instruments
- Type : Debt Fund
- Info : www.lendingforafricanfarming.com
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