Ethiopia - Strengthening African Rural Smallholders - 2021 - photos by FIRMA
STARS provides support to MFIs to refine and upscale their agri-loan products and lending methodologies to satisfy the financial needs of smallholder farmers. Through the support of STARS, malt barley input loan and vegetable loan products were successfully refined and rolled-out in many branches of the MFI partners including Metemamen MFI in Meki pictured here.
More than half of the population on the African continent works in agriculture. Despite its large economic share, the sector has failed to harness its full potential, due to a lack of modern tools, inability to maximize productivity and difficult access to financial markets. The Strengthening African Rural Smallholders (STARS) programme has improved the professional conditions for thousands of smallholder farmers and has given them a fair chance.
Access to finance for Ethiopian farmers
STARS is a partnership programme between Cordaid and the Mastercard Foundation. The five-year programme (2017-2021) develops market systems to improve access to finance and markets for over 200,000 farmers in Burkina Faso, Ethiopia, Rwanda and Senegal. In Ethiopia, STARS has improved access to finance and markets for 66,000 farmers, impacting a total of 330,000 household members.
More information: www.cordaid.org/en/news/availing-access-to-finance-and-ma...
Ethiopia - Strengthening African Rural Smallholders - 2021 - photos by FIRMA
STARS provides support to MFIs to refine and upscale their agri-loan products and lending methodologies to satisfy the financial needs of smallholder farmers. Through the support of STARS, malt barley input loan and vegetable loan products were successfully refined and rolled-out in many branches of the MFI partners including Metemamen MFI in Meki pictured here.
More than half of the population on the African continent works in agriculture. Despite its large economic share, the sector has failed to harness its full potential, due to a lack of modern tools, inability to maximize productivity and difficult access to financial markets. The Strengthening African Rural Smallholders (STARS) programme has improved the professional conditions for thousands of smallholder farmers and has given them a fair chance.
Access to finance for Ethiopian farmers
STARS is a partnership programme between Cordaid and the Mastercard Foundation. The five-year programme (2017-2021) develops market systems to improve access to finance and markets for over 200,000 farmers in Burkina Faso, Ethiopia, Rwanda and Senegal. In Ethiopia, STARS has improved access to finance and markets for 66,000 farmers, impacting a total of 330,000 household members.
More information: www.cordaid.org/en/news/availing-access-to-finance-and-ma...