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Harnessing Knowledge and Networks for Capacity Building in Inclusive Rural Finance (CABFIN) - GCP/GLO/788/IFA

Year of publication 2022

Place of publication Rome, Italy ;

Pages 2

Publisher FAO ;

Product type Project

Edition 1

Synopsis (short abstract) The project was implemented in the framework of the CABFIN Partnership “Capacity Building in Rural Finance” , a collaboration effort among FAO, GIZ, IFAD, UNCDF, WB and EFP aimed at facilitating knowledge exchange and capacity development among relevant public and private stakeholders in order to increase the availability and effective use of financial services in rural areas. Despite the importance of agriculture and the food system in the overall development process and the rise in interest in agribusiness among private investors, the agricultural sector remains largely underserved by finance. About 70 percent of demand for smallholder finance remains unmet. One important challenge to the development and promotion of appropriate financial services for rural actors, including smallholder farmers, is the lack of collaboration among stakeholders in the fragmented rural finance sector. Significant effort is required to generate and mainstream knowledge and skills that are not only relevant, innovative and adding value, but also validated and used by as many organizations and practitioners as possible. To address this, the goal of the project was to promote the application of good practices identified and consolidated by CABFIN members and their networks to support the development of inclusive and sustainable rural and agricultural financial markets in developing countries.

Language English

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