Rural finance Archives

Closing the financial gap through matchmaking at BioFach

Alterfin, Triodos and Rabo Rural Fund from Rabobank joined the financial matchmaking sessions that ProFound organises annually at BioFach. In total we made 13 matches for 9 exhibitors of our Organic Africa Pavilion. With this service, we help to ensure that exhibitors gain access to financial solutions from social lenders and micro-financing organisations. “The preparation of the matchmaking by ProFound was highly appreciated. We met interested and well-matched producers that we would hope to mature into opportunities for the future. The facilitation provided us with a great opportunity to meet with multiple companies that we otherwise may not have met. The meetings [Read more]

Eleven Rural Finance Matchmaking Sessions for African entrepreneurs at BioFach 2017

profound2018-02-22T10:31:03+00:00February 28th, 2017|Tags: Biofach, Ethiopia, Organic Africa Pavilion, Rural finance|

African suppliers often cannot access the necessary financial services they need; their financial position makes them too large to be targeted by development aid interventions, but too small to qualify for loans from many private banks. This space is known as the ‘missing middle.’ At the same time, social lenders in Europe and North America cannot identify a sufficient number of viable projects to fund and face high risks catering to the needs of the missing middle. ProFound contributes towards bridging this financial gap through organising matchmaking sessions between suppliers and social lenders. “ProFound provides full value chain solutions from [Read more]