New loan allows Ivorian cashew export company to start processing next year, thanks to Trade Hub support

The Ivorian cashew export company, Société Coopérative d’Anacarde du Kafigue avec Conseil d’Administration (SCAK COOP-CA), obtained a loan of $2,916,667  in March 2017 to purchase and export raw cashew nuts, and plans to install a processing plant next year,  allowing the company to expand its service offerings and increase its revenue in the long term.… Read More

In Mali, Trade Hub workshop for bankers to transform agribusiness lending

Related video here Coris Bank officials in Mali learned risk mitigation strategies for agricultural lending and how to better negotiate with loan applicants during a Trade Hub training in the capital, Bamako, February 17-18, 2017. Following similar workshops in Cote d’Ivoire and Burkina Faso, the training walked 15 participants through practical modules on different agribusiness… Read More

In Côte d’Ivoire, two financial institutions coached in lending practices for smaller agribusinesses

Ivorian bank officials learned risk management strategies for agribusinesses and how to better negotiate with loan applicants during a Trade Hub coaching mission in three cities, January 27-February 3. The training for Coris Bank and Oikocredit  agents followed a 2016 agreement between the two banks and USAID’s Development Credit Authority (DCA) to expand loan opportunities… Read More

USAID and Oikocredit launch loan facility in Côte d’Ivoire

Ivorian farmers and traders of cashew, cereals, livestock, mango, shea and other Trade Hub-supported agricultural commodities have more loan opportunities, thanks to a $24 million guarantee for social investor Oikocredit International backed by USAID’s Development Credit Authority (DCA). Signed at the end of September 2016 with USAID, the three-year partnership allows Oikocredit to extend more… Read More

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