Header Image - AgroWeb Central Asia and Caucasus

Rural Finance in The Caucasus: 12 Quality Suppliers

by Christine
Rural Finance in The Caucasus: 12 Quality Suppliers
  1. FINCA

A leader in the international Microfinance Institution, FINCA offers financial services and products to small scale businesses in an effort to help these businesses start to grow, and diversify with resulting increases in family income, nutrition, employment and well-being.

  1. ACDI/VOCA

Broad-based economic growth and poverty alleviation is what ACDI/VOCA is dedicated on accomplishing. They make use of innovative application of sound business practice as they strive to promote economic opportunities for cooperatives, enterprises, as well as communities.

  1. IFC

IFC has the backings of the largest global development institution, the World Bank Group that is focused exclusively on the private sector in developing countries. They aid and assist their partners in overcoming operational and political challenges by putting their financial resources, technical expertise, global experience, and innovative thinking into practice.

  1. Farm Credit Armenia

Made and was founded by farmers and for the farmers, Farm Credit is known to be the only financial institution in Armenia based on international cooperative principles which essentially differentiate the organization from others existing in the market.

  1. USDA

The team at USDA Rural Development is committed in helping improve the economy and quality of life in rural America. They offer a variety of services which includes rural finance loans, grants and loan guarantees to support essential services. This in turn allows their clients to pursue housing, economic development, health care, first responder services and equipment, water, electric and communications infrastructure and the likes.

  1. Oiko Credit

A worldwide cooperative and social investor Oikocredit is able to provide the much needed funding to the microfinance sector, fair trade organizations, cooperatives and small to medium enterprises.

  1. CAIConsulting

Central Asia International Consulting is a leading Central Asian consultancy company that has expanded their services across Central Asia providing an excellent understanding of their local business climate, governmental institutions, educational establishments, ecology, local and regional economy, and political environment.

  1. EBRD

With its agricultural financing facility, the folks at European Bank for Reconstruction and Development (EBRD) are tackling rural poverty in Tajikistan. As a result, small farmers are able to diversify production and improve profitability with the help of EBRD funding.

  1. KFW

KFW Development Bank was able to help to reduce poverty and to protect the climate and the environment with its experience in developmental policy.

  1. OFID

OFID helps stimulate economic growth and alleviate poverty in all disadvantaged regions of the world with them cooperating with developing country partners as well as the international donor community.

  1. GFA Consulting Group

GFA Consulting Group proved to provide providing effective solutions to the challenges in the global consulting market with its sound track record. This led to company’s international recognition and is incorporated in a set of values which focuses on performance, innovation, credibility and quality.

  1. IFAD

A strong partnership with the Government of Armenia is what IFAD has established over the years. This in turn led to the successful expansion of the Agricultural Cooperative Bank of Armenia (ACBA) with the ongoing partnership between IFAD and Armenia’s Ministry of Finance that resulted to a wide range of financial services in rural areas.