Client: Kreditanstalft für Wiederaufbau (KfW)
The objective of the project funded by the KfW was to develop a Concept for a program aimed at supporting the expansion and improvement of financial services offered to the rural population, initially working in agriculture, and therefore facilitating their inclusion in the financial system.
The intervention focuses on financial instruments articulated to structured productive clusters. This approach allows financing to be provided to producers excluded from the financial system, taking into consideration the economic flux generated by the productive clusters, which are usually linked to agro exports.
This is a pilot program launched by COFIDE, which may be suitable for other developing countries.
This project had an initial phase in 2005, when the conclusion reached was that the process was not sufficiently developed. Two years later, in 2007, COFIDE and KfW requested again NODUS’ support to study the viability of the Concept and to define the characteristics of a potential program.