Financing agricultural value chains
Financing agricultural value chains
Lessons learnt
Results and lessons learnt from the experience of the microfinance institution FUCEC in Togo
With the support of ADA, the Faîtière des Unités Coopératives d’Épargne et de Crédit du Togo (FUCEC) has successfully developed its approach to financing agricultural value chains, notably by setting up financing facilities aimed at meeting producers’ and aggregators’ working capital needs, integrating a non-financial service offer for smallholders and producer groups and putting in place a tripartite contract mechanism. Thanks to this holistic approach, the institution is a major actor in agricultural finance and helps improve the living conditions of thousands of smallholder farmers in Togo.
Year of publication: 2023