Our October’s insight issue is firstly looking at the Food and Agriculture Organization of United Nations case study “Innovations for Inclusive Agricultural Finance and Risk Mitigation Mechanisms”. This case study documents an innovative model for providing financial services to poorer rural households dependent on agriculture – the Tamwil El Fellah (TEF) model developed by the Groupe Crédit Agricole du Maroc (GCAM – the Morocco Agricultural Credit Group). TEF has built on the long-standing experience of financing the agriculture sector and the network of agencies and human resources of GCAM, putting in place its own business model with risk management mechanisms adapted to its specific client segment: farmers with small and medium-scale agribusinesses. This study aims to highlight important principles that can be applied by financial institutions and supporting organizations to promote inclusive rural and agricultural financial services the context of developing countries.
Secondly, the CGAP paper “The Role of Financial Services in Reducing Hunger” summarizes research supporting several mechanisms through which financial services can facilitate progress toward the Sustainable Development Goals (SDGs). Improving access to financial services can help farmers make profitable investments that increase their yields. Research shows that financial products that are designed for the specific needs of farmers are effective in increasing input use and raising outputs. The ability to smooth income enabled farmers to make bigger and, in some cases, more profitable investments that increased output and food consumption. Therefore, designing products around farmers’ specific financial needs can have big effects at both macro and micro levels.
Finally, European Microfinance Week (EMW) will take place from 16th until 18th November 2016 in Luxembourg. EMW is the major annual event of the microfinance industry hosting high level and in-depth discussions by all sectors of the European microfinance community working in developing countries. EMW welcomes over 400 top professionals in the industry. This year program will include plenary session on “Digital Finance: Full Inclusion or Empty Promise?”. In addition, workshops with leading speakers will also feature on the topics such as green microfinance, microinsurance, risk management, rural finance, social performance, investments, remittances and financial education.
With best regards,
The RFILC editorial team
- The Global Forum for Food and Agriculture (GFFA)
- Champions in Microinsurance: How to improve performance?
- Mind the Gap – Exploring the Disparities Between Smallholder Farmer Practice and Potential
- The ILO’s Impact Insurance Forum 2016: Becoming a Digital Insurer
- 12th International Microinsurance Conference 2016
- European Microfinance Week 2016
- Beyond Credit: Risk Management as a Strategy for Economic Growth
- African Development Report 2015
- The Role of Financial Services in Building Household Resilience in Burkina Faso
- Financing Smallholder Farmers to Increase Incomes and Transform Lives in Rural Communities
- Achieving the Sustainable Development Goals: The Role of Financial Inclusion
- The Role of Financial Services in Reducing Hunger
- Innovations for Inclusive Agricultural Finance and Risk Mitigation Mechanisms
- Las finanzas agrícolas y rurales en América Latina
- Conocer a la microempresaria mexicana para atender mejor sus necesidades financieras y empresariales
- Cuatro elementos clave para mejorar el acceso a servicios financieros en el sector rural colombiano
- L’Afrique subsaharienne, nouvelle frontière des assureurs ?
- Innovations pour une finance agricole inclusive et mécanismes d’atténuation des risques – Le cas de Tamwil El Fellah au Maroc