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Microfinance and forest-based small-scale enterprises











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    Book (stand-alone)
    التمويل البسيط و المنشآت الحرجية الصغيرة 2005
    Communities around the world rely on forests for their livelihoods, not only for domestic uses but also for income, frequently obtained through small-scale, often family-run enterprises. The sustainable development of such enterprises is increasingly recognized as a key to poverty reduction but is often hindered by lack of financial inputs or poor access to microfinance services. This publication reviews the specific microfinance needs of small-scale enterprises given the often seasonal and unpr edictable nature of forest-based activities. It analyses the constraints they face when trying to obtain microfinance services – including a lack of familiarity with formal financial institutions and insufficient capital or collateral for access to traditional banking services – and identifies ways to overcome these challenges. The publication examines the role that different types of microfinance institutions, such as banks, non-governmental organizations, cooperatives and credit unions, can pl ay for small-scale enterprises and forest communities. It discusses, in addition to microcredit, a comprehensive range of services including savings, group lending, leasing, insurance and cash transfers. The strengths and weaknesses of different approaches are illustrated through four case studies in Nepal, Guatemala, the Sudan and Peru. This book will be a useful reference for those involved in designing policies and projects for the development of forest communities, as well as for those provi ding financial services to small enterprises in rural areas.
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    Policy brief
    Financing small-scale fisheries in the Philippines
    A policy brief
    2021
    Also available in:
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    This policy brief summarizes the findings of surveys among financial and insurance providers, fishers and fisherfolk organizations in the Philippines in 2021. It explains why financial services are important for small-scale fishers (SSF) and provides recommendations for improving their access to finance and insurance. SSF make an important contribution to food security and the rural economy. The average income of most SSF is below the poverty line of USD 2 500/year. For economic growth and sustainable fishing operations SSF need access to financial and insurance services. Less than 50 percent of the SSF have access to financial services. Only 30 percent of SSF have a savings account at a bank. Many financial and insurance service providers in the Philippines are willing to provide their services to SSF. However, financial institutions find it hard to supply credit to SSF, because of the seasonality of the fishing business, lack of insurance of fishing vessels, and limited technical knowledge about fisheries within their institutions. Digital finance tools are required to deliver credit more efficiently to SSF. Fisheries organizations and financial institutions have a joint interest to increase financial literacy, and enhance business planning and record keeping skills of SSF.
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    Document
    Term Financing in Agriculture: A Review of Relevant Experiences (Volume I - Main Report, Volume II - Case Studies, Executive Summary)
    Occasional Paper N. 14 - October 2003
    2003
    Also available in:
    No results found.

    Rural term and investment finance has received little attention by donors and the micro-finance industry over the past decade. This prompted FAO's Rural Finance Group and Investment Centre to jointly carry out a multi-country study on innovative approaches to financing the investments of small farmers. The research was co-funded by the World Bank. Due to the scarcity of literature on empirical examples or best practices, a number of case studies were conducted which illustrate how a variety of f inancial and non-financial institutions in different countries and regions have tackled the provision of term finance to agriculture. Volume I (Main Report) of the study illustrates the use of different financial instruments such as term loans, leasing, equity, deposits and matching grants for financing agricultural term investments. The focus is on innovative financing technologies, institutional settings and contractual arrangements to manage risks, reduce transaction costs and overcome collateral constraints. Particular attention is paid to the financing of long-term investments such as tree crops. In addition, some complementary measures and policy options for enhancing the environment for both the supply and effective demand for term finance are discussed. Volume II presents ten case studies from Bolivia, India, the Philippines, South Africa and Thailand. The Executive Summary is targeted to professional officers working in government institutions and internation al financing agencies. It summarizes the main lessons and discusses several issues and options for expanding the "financial frontier" of term finance in a sustainable way.
  • Thumbnail Image
    Book (stand-alone)
    التمويل البسيط و المنشآت الحرجية الصغيرة 2005
    Communities around the world rely on forests for their livelihoods, not only for domestic uses but also for income, frequently obtained through small-scale, often family-run enterprises. The sustainable development of such enterprises is increasingly recognized as a key to poverty reduction but is often hindered by lack of financial inputs or poor access to microfinance services. This publication reviews the specific microfinance needs of small-scale enterprises given the often seasonal and unpr edictable nature of forest-based activities. It analyses the constraints they face when trying to obtain microfinance services – including a lack of familiarity with formal financial institutions and insufficient capital or collateral for access to traditional banking services – and identifies ways to overcome these challenges. The publication examines the role that different types of microfinance institutions, such as banks, non-governmental organizations, cooperatives and credit unions, can pl ay for small-scale enterprises and forest communities. It discusses, in addition to microcredit, a comprehensive range of services including savings, group lending, leasing, insurance and cash transfers. The strengths and weaknesses of different approaches are illustrated through four case studies in Nepal, Guatemala, the Sudan and Peru. This book will be a useful reference for those involved in designing policies and projects for the development of forest communities, as well as for those provi ding financial services to small enterprises in rural areas.
  • Thumbnail Image
    Policy brief
    Financing small-scale fisheries in the Philippines
    A policy brief
    2021
    Also available in:
    No results found.

    This policy brief summarizes the findings of surveys among financial and insurance providers, fishers and fisherfolk organizations in the Philippines in 2021. It explains why financial services are important for small-scale fishers (SSF) and provides recommendations for improving their access to finance and insurance. SSF make an important contribution to food security and the rural economy. The average income of most SSF is below the poverty line of USD 2 500/year. For economic growth and sustainable fishing operations SSF need access to financial and insurance services. Less than 50 percent of the SSF have access to financial services. Only 30 percent of SSF have a savings account at a bank. Many financial and insurance service providers in the Philippines are willing to provide their services to SSF. However, financial institutions find it hard to supply credit to SSF, because of the seasonality of the fishing business, lack of insurance of fishing vessels, and limited technical knowledge about fisheries within their institutions. Digital finance tools are required to deliver credit more efficiently to SSF. Fisheries organizations and financial institutions have a joint interest to increase financial literacy, and enhance business planning and record keeping skills of SSF.
  • Thumbnail Image
    Document
    Term Financing in Agriculture: A Review of Relevant Experiences (Volume I - Main Report, Volume II - Case Studies, Executive Summary)
    Occasional Paper N. 14 - October 2003
    2003
    Also available in:
    No results found.

    Rural term and investment finance has received little attention by donors and the micro-finance industry over the past decade. This prompted FAO's Rural Finance Group and Investment Centre to jointly carry out a multi-country study on innovative approaches to financing the investments of small farmers. The research was co-funded by the World Bank. Due to the scarcity of literature on empirical examples or best practices, a number of case studies were conducted which illustrate how a variety of f inancial and non-financial institutions in different countries and regions have tackled the provision of term finance to agriculture. Volume I (Main Report) of the study illustrates the use of different financial instruments such as term loans, leasing, equity, deposits and matching grants for financing agricultural term investments. The focus is on innovative financing technologies, institutional settings and contractual arrangements to manage risks, reduce transaction costs and overcome collateral constraints. Particular attention is paid to the financing of long-term investments such as tree crops. In addition, some complementary measures and policy options for enhancing the environment for both the supply and effective demand for term finance are discussed. Volume II presents ten case studies from Bolivia, India, the Philippines, South Africa and Thailand. The Executive Summary is targeted to professional officers working in government institutions and internation al financing agencies. It summarizes the main lessons and discusses several issues and options for expanding the "financial frontier" of term finance in a sustainable way.

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