Long term finance for agriculture transformation: Stocktaking of major suppliers, lessons and case studies

Tuesday, December 8, 2020

Tuesday, December 8, 20209:00 – 10:30 am EST (15:00 – 16:30 hrs CET)

About this webinar Agriculture transformation that involves the production of high-value food products and post-harvest processing offers significant business opportunities for agribusiness SMEs. Long-Term (LT) finance is critical for investments in building the needed infrastructure and agribusiness capacity, improved technologies, and equipment to make agriculture more productive, efficient, profitable, and resilient. The webinar will discuss the key findings from a recent review of the major providers and types of LT financing, followed by a panel discussion with diverse LT finance providers for deeper insights and lessons learned.
Chair Anderson Caputo Silva, Practice Manager, FCI GP, World Bank Group
Opening remarks Azeta Cungu, Rural Finance Officer, Food and Agriculture Organization of the United Nations (FAO)
Presenters Toshiaki Ono, Senior Financial Sector Specialist, FCI GP, World Bank Group

Calvin Miller, Agriculture Finance Consultant

Panel Moderator Ana Carvajal, Lead Financial Sector Specialist, FCI GP, World Bank Group
Panelists Todd Van Hoose, President and Chief Executive Officer, Farm Credit Council

Evans Martin Nakhokho, Chief Manager, Centenary Bank

David Dewez, Managing Partner and Regional Director, Incofin

Wichai Paksa, Assistant Director, Bank for Agriculture and Agricultural Cooperatives (BAAC)

Rodolfo Quirós, Rural Finance Consultant and author of the BANAGRO case study

Closing Remarks Michael Hamp, Lead Technical Specialist in Inclusive Rural Financial Services, International Fund for Agricultural Development (IFAD)
Toshiaki Ono is a senior financial sector specialist at the World Bank where he supports various lending projects and analytical work to promote access to finance in the agriculture sector mainly in Africa and Asia & Pacific. Prior to joining the World Bank, Toshiaki held several positions at the Food and Agriculture Organization of the United Nations (FAO) and the United Nations Industrial Development Organization (UNIDO) where he worked for agriculture finance and agribusiness development projects in South Asia and Africa. He also has practical experience in debt financing and investment banking through his earlier work at the Development Bank of Japan and Nomura. Mr. Ono holds an MBA from Columbia University in New York.  
Calvin Miller is an experienced expert on agricultural and rural finance and investment as well as working in rural economic development with smallholder organizations. Calvin is a consultant, currently doing work with MEDA, APRACA, IFC and others. He retired from the UN Food and Agriculture Organization where he was Senior Officer and Leader of the Agribusiness and Finance Group, AGS Division. He is an Agricultural Economist and prior to FAO has worked as Country Manager of MEDA in Bolivia and as Director of Economic Development in CARE, plus consulting with numerous development agencies. He was founder of MicroVest, a $400 million dollar, global, socially responsive, family of microfinance investment funds financed by private sector investors.  
Moderator and Panelists:
Ana Carvajal, is a Lead Financial Sector Specialist in the Long Term Finance Unit. She provides policy advice in capital markets development issues, with a focus on regulatory and supervisory issues, as well as on capital markets solutions for SME financing. Ana has a global portfolio, and has provided support to a wide range of EMDEs on different aspects on capital markets. Prior to working at the Bank, Ana worked as a Senior Financial Sector Expert at the International Monetary Fund, where she led the assessments of capital markets regulation and supervision (IOSCO assessments) for many of the G20 countries. She holds a law degree and a masters degree in public administration. She has authored several papers on capital markets issues, including recent publications on capital markets development: causes, effects and sequencing, and on capital markets and SMEs.  
Todd Van Hoose is President and CEO of the Farm Credit Council in the USA, where he leads the national trade association’s efforts to represent the Farm Credit System’s interests before Congress, the Administration, and various US federal regulatory agencies. Todd and his team promote and defend Farm Credit’s mission to support rural communities and agriculture. He is a graduate of the University of Kentucky with a bachelor’s degree in journalism and public relations.  
Evans Martin Nakhokho is a Chief Manager in Centenary Bank (Uganda) where he has devoted his last five years in the creation, development and scaling up of the Agribusiness department of the Bank. He has extensive experience in commercial Banking, focusing on delivering accessible, affordable, and convenient services to those who deserve to be financially included in both the rural and urban settings.  
David Dewez is the Regional Director for Latin America & the Caribbean and the Fund Manager for Agro. He is responsible for coordinating Incofin’s LATAM portfolio, which extends to debt, equity and agri-finance. David has 14 years of experience in microfinance and is also a Board member of several MFIs including Banco FIE (Bolivia), ACME (Haiti) and Crezcamos (Colombia) and a member of the Investment Committee of the Fair Trade Access Fund.  He joined Incofin in 2007 as an investment manager for South America, the Caribbean and Southern Africa. David graduated from Laval University Canada (M.A.) and from Université Catholique de Louvain in Belgium (Licences).  
Wichai Paksa is an Assistant Director of Buriram Provincial Office of the Bank for Agriculture and Agricultural Cooperatives of Thailand (BAAC). Since 2002, he held several positions at BAAC including an Assistant Senior Vice President of the Policy and Strategy Department and a Team Leader of the Office of Loan Analysis. Prior to BAAC, Mr. Wichai worked for Japan International Research Center for Agricultural Sciences (JIRCAS) during 2000 – 2002. He holds a Master of Economics Studies in Agriculture and Resource Economics from the University of New England in Australia.  
Rodolfo Quirós is a financial inclusion, rural finance, and microfinance specialist, with extensive experience in financial risk management and investment. Since 1988, he has been conducting evaluations and research on rural finance and microfinance organizations and projects as well as analyzing diverse issues in economic development. He was Director of the operation for Central America, México and the Caribbean of LOCFUND, a second-tier microfinance investment facility. He has extensive experience in Latin America and the Caribbean, having also worked for The Ohio State University, Inter-American Development Bank (IDB), USAID, IFAD, the World Bank, FAO and GIZ.  

Chair, Opening remarks and Closing remarks:
Anderson Caputo Silva is Practice Manager for Long-Term Finance, within the Finance, Competitiveness and Innovation Global Practice, leading the Capital Markets, Infrastructure Finance, Housing Finance, Agriculture Finance, Pensions & Insurance product lines. Anderson joined the World Bank in 2006 and has been actively involved on advisory services to develop capital markets and on the design of financial solutions to mobilize financing through bond markets and for infrastructure financing. Prior to joining the World Bank, Anderson worked for the Brazilian Treasury from 1993 to 2005, where, among others, he served as Head of the Public Debt Strategic Planning Department, managing the risk and formulating refinancing strategies in domestic and international capital markets for the overall government debt portfolio. Anderson holds a Ph.D. degree in Finance from the University of Illinois at Urbana-Champaign.  
Azeta Cungu is Rural Finance Officer with FAO. She coordinates the work of the Inclusive Rural Finance area of work aimed at improving livelihoods and strengthening the resilience of rural actors through the creation of the enabling conditions for unlocking inclusive finance and investment for the agri-food sector. Prior to FAO, Azeta was Senior Economist with the Department of Economics of the Catholic University of Leuven (Belgium). She holds a university degree in Finance and Banking from the University of Tirana (Albania), an M.Sc. in Agricultural Economics from Wye College, University of London, an M.Sc. in Advanced Economics and a Ph.D. in Development Economics from the Catholic University of Leuven (Belgium).  
Michael Hamp is the Lead Technical Specialist in Inclusive Rural Financial Services at IFAD. He manages the rural finance desk, including three specialized sub-teams: the multi-donor funded Financing Facility for Remittances (FFR), the Platform for Agricultural Risk Management (PARM) and the WFP-IFAD Weather Risk Management Facility. Prior to IFAD, Hamp worked with the German Technical Cooperation, GTZ. He was assigned as Principal Advisor to the Ministry of Trade and Industry for the Small and Medium Enterprise Promotion Project in Namibia, before he joined the Central Bank of Indonesia as Principal Advisor for the Promotion of Small Financial Institution (ProFI) Programme. Michael holds a PhD in Sociology of Agricultural Economics and a master’s degree in Agricultural Engineering, both from the Faculty of Agriculture of the University of Bonn, Germany.