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 web 3.0 based agritech company started with a vision to build end to end visibility of agricultural supply chains by leveraging powerful web 3.0 technologies like Artificial Intelligence and Blockchain technology. We are a cloud based supply chain management and visibility system for food businesses and brands which streamlines their agricultural supply chain, while building traceability for their products and trust for their consumers. For enterprises, food businesses, brands and institutes working with farmers, AgSpeak® delivers: (i) Unparalleled supply chain visibility and analytics in all touch points. (ii) Dissemination of scientific farming practices to farmers in local languages. (iii) A trust bridge connecting consumers to the source of their food products. Since pilot launch in May 2021, AgSpeak has digitized over 10,000 acres of farmland and 5,000+ farmers, while gathering and analysing data on 15+ crops and livestock across India.

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 business dedicated to supporting smallholder farmers by offering a comprehensive range of agricultural services aimed at enhancing profitability and productivity. The company collaborates with farmer collectives to provide an end-to-end package that includes financial assistance, agricultural inputs, training, and marketing services. Through these initiatives, Babban Gona helps farmers optimize their yields, improve labor productivity, and gain better access to markets. By focusing on the needs of hardworking smallholder farmers, Babban Gona aims to inspire and enable them to achieve their full potential in agriculture.

Raintree Farms

Grant in 2019
Raintree Farms, Ltd. is an agricultural company based in Masindi, Uganda, specializing in the cultivation and processing of Moringa oleifera crops. Founded in 2015, the company produces Moringa oleifera powder, which serves various markets, including nutrition, beauty, and health, offering premium, organically certified products. In addition to its core operations, Raintree Farms provides programs aimed at supporting farmers, such as the Secured Income Program and the Moringa Cultivation Boot Camp. These initiatives are designed to help farmers optimize their land use and secure a stable income through the commercialization of Moringa cultivation.

Democrance

Grant in 2017
Democrance is an insurance technology company based in Dubai, United Arab Emirates, founded in 2015. It specializes in developing software that facilitates the distribution, servicing, and administration of insurance policies across the Middle East and Northern Africa. The company focuses on providing insurance solutions to underinsured and uninsured populations in emerging markets, offering a range of products from micro-insurance to traditional policies. Democrance's platform enables low-income families to access life and health insurance programs conveniently through mobile devices, while also providing essential industry expertise, project management, customer management, and claim management services.
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