Projects

STARS

The Strengthening African Rural Smallholders “STARS” project aims to break the cycle of poverty and food insecurity among 210,000 farmers, 50% of whom are women, in rural Burkina Faso, Ethiopia, Rwanda and Senegal, by facilitating access to financial markets and agricultural services.

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Background

The STARS program works with Microfinance Institutions (MFIs) to develop innovative risk-mitigating tools so that they provide the necessary loans to farmers in need for cash to diversify their crop or to buy equipment that increases their production.  Our model has is based on three core activities:



1.To develop and implement innovative,  sector specific agriculture financial products with MFIs for smallholder farmers

2.To strengthen value chains and link smallholder farmers into these chains as well as linking them to financial services at MFIs

3.To broaden the evidence base in rural agricultural finance, value chain development and share lessons learned.

STARS

Initial situation

According to the Food and Agriculture Organization, a quarter of the world’s hungry people live in sub-Saharan Africa and 75% of people from that region are farmers, yet there are a wealth of opportunities for agricultural growth, innovations and varied cultivation if certain roadblocks such as access to finance are removed. Supporting small-scale farmers is thus critical to reducing hunger and poverty in Africa.  It is essential to address the challenges that smallholder farmers face such as lack of credit, low access to markets that prevent small-scale farmers from improving economic situation.


Project plan

The “STARS” project aims to break the cycle of poverty and food insecurity among 210,000 farmers, 50% of whom are women, in rural Burkina Faso, Ethiopia, Rwanda and Senegal, by facilitating access to financial markets and agricultural services. 


Sustainability

We will work with Microfinance Institutions (MFIs) to develop innovative risk-mitigating tools so that they provide the necessary loans to farmers in need for cash to diversify their crop or to buy equipment that increases their production.  


Goals overview

Our model has is based on three core activities:



1.To develop and implement innovative,  sector specific agriculture financial products with MFIs for smallholder farmers



2.To strengthen value chains and link smallholder farmers into these chains as well as linking them to financial services at MFIs



3.To broaden the evidence base in rural agricultural finance, value chain development and share lessons learned   


The ones helping out with this project

The donors

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