Assessment of Long-term Finance Providers for Small and Medium Agribusinesses : Stocktaking, Lessons, and Case Studies
Agricultural transformation that involves the production of high-value food products and post-harvest processing is high on the policy agenda in many developing countries. A surge in the demand for high value and processed food products observed in...
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| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/123761620106020171/Assessment-of-Long-term-Finance-Providers-for-Small-and-Medium-Agribusinesses-Stocktaking-Lessons-and-Case-Studies http://hdl.handle.net/10986/35539 |
| Summary: | Agricultural transformation that
involves the production of high-value food products and
post-harvest processing is high on the policy agenda in many
developing countries. A surge in the demand for high value
and processed food products observed in Asia and Latin
America is also happening in Africa (Reardon and others
2003, 2013). This profound change is attributable to the
growth of the middle-income population spurred by economic
development, urbanization, and corresponding dietary
changes. Agribusinesses involved in production, processing,
and trading have profitable growth opportunities in many
regions, especially along with the high-value crops.
Governments are eager to promote such businesses that can
generate employment opportunities for the rural poor and
youth. These businesses also promote exports and increase
tax revenues. The study is structured as follows: The
introduction contains a brief discussion of the importance
of LT agribusiness SME finance. The second section provides
a stocktaking analysis covering commercial and development
banks, investment funds, and agribusiness companies. It then
concludes with a comparative analysis. The concluding
section offers overall observations, policy recommendations
and suggestions for future research. In the final section,
there are five in-depth case studies of distinct types of LT
finance providers along with lessons learned. |
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