International Fund For Agricultural Development

The International Fund for Agricultural Development (IFAD) is a United Nations agency established in 1977 and headquartered in Rome, Italy. It focuses on agricultural development in developing countries by providing grants and low-interest loans to rural projects. IFAD aims to empower rural populations to enhance food security, improve nutrition, and increase their incomes. In addition to financing sovereign governments, IFAD has adopted a private sector investment strategy to support small and medium-sized enterprises, cooperatives, and smallholder farmers. This approach allows IFAD to fund a diverse range of initiatives that boost productivity, promote climate-smart practices, and foster resilience among rural communities. By attracting private sector funding, IFAD expands its capacity to contribute to sustainable agricultural development and poverty reduction in rural areas.

Nadine Gbossa

Food System Director

6 past transactions

AgSpeak

Non Equity Assistance in 2023
AgSpeak is a technology company specializing in agricultural supply chain management. It leverages AI and blockchain to provide end-to-end visibility and traceability for food businesses and brands. The company's cloud-based platform streamlines agricultural supply chains, enhances communication between enterprises and farmers through multilingual communication and data visualization, and builds consumer trust through product traceability. Since its pilot launch in 2021, AgSpeak has digitized over 10,000 acres of farmland and engaged with more than 5,000 farmers across India, covering 15+ crops and livestock.

Kamp Feed

Grant in 2022
Kamp Feed is a food producer of nutritional animal feeds that specializes in pelleted animal feeds.

Pura Organic Agro Tech

Grant in 2021
Pura Organic Agro Tech is a producer of cassava.

Babban Gona

Debt Financing in 2021
Babban Gona is a company dedicated to empowering smallholder farmers by offering a comprehensive suite of agricultural services designed to enhance productivity and profitability. It collaborates with farmer collectives to provide an end-to-end package that includes financial assistance, agricultural inputs, training, and marketing services. By delivering advanced agricultural technologies and optimizing labor productivity, Babban Gona aims to improve market access for these farmers, ultimately helping them realize their full potential and improve their livelihoods.

Raintree Farms

Grant in 2019
Raintree Farms is an agricultural company based in Masindi, Uganda, founded in 2015. It specializes in growing and processing Moringa Oleifera crops, which are sold to the nutritional, beauty, and health markets as a source of vitamins and minerals. The company offers premium, organically certified leaf powder and oil tailored to client requirements. In addition to its core business, Raintree Farms provides programs such as the Secured Income Program and Moringa Cultivation Boot Camp to support farmers in earning a secure income from commercializing their land for Moringa Oleifera cultivation.

Democrance

Grant in 2017
Democrance is an insurance technology company founded in 2015 and based in Dubai, United Arab Emirates. It specializes in developing software that allows insurers and insurance brokers to distribute, service, and administer a range of insurance products, including micro-insurance, in the Middle East and Northern Africa. The company's platform aims to democratize access to insurance by providing affordable life and health insurance options to underinsured and uninsured populations in emerging markets. Through its innovative technology, Democrance enables individuals to purchase insurance via mobile phones, enhancing accessibility for low-income families and addressing the needs of underserved communities.
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