The investment fund agRIF was set up as a successor to the investment fund Rural Impulse Fund I (2007) & II (2010), in which Proparco participated. It will be managed by Incofin, a leading microfinance manager in terms of achieving a balance between financial and social performance.<\/p>\n
Proparco invested in agRIF\u2019s first closing. This fund will invest in financial intermediaries working in the agricultural value chain for smallholders, microenterprises or SMEs located in rural areas in developing countries. It will have a technical assistance facility to help client companies with their approaches to finance agriculture.<\/p>\n
This project will allow rural populations in developing countries to access financing and increase their incomes. The number of final beneficiaries is estimated at some 7 million people. It will also contribute to diversifying the capital market by targeting agriculture, a sector often neglected by investors. It will thereby support rural development in developing countries.<\/p>\n
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