The ABC Fund (Agri-Business Capital) is an impact fund serving smallholder farmers and agribusiness small and medium-sized enterprises (SMEs) in developing countries.
Categories for Funding
1. Cooperatives, farmer organizations and SMEs in underfinanced yet profitable segments of agricultural and agribusiness value chains.
Financial Instruments
For SMEs and farmer organizations
| Tenor | Indicative Amount Range | |
|---|---|---|
| Working Capital Facilities | Up to 24 months, typical tenor 6-12 months | €200k-400k |
| Term Loans | 3-5 years | €400k-800k |
| Sub-debt / Equity | 5-7 years | €400k-800k |
Funding provided by the ABC Fund is in euros, US dollars and in local currency when possible.
Investment Criteria for SMEs and farmer organizations
Target entities
- producers of primary agricultural products;
- input suppliers such as manufacturers or distributors of seeds;
- companies that produce, maintain or operate storage facilities;
- service companies, traders, veterinarians, mechanization;
- aggregators and/or processors of primary agricultural products;
- logistics companies that transport and handle primarily agricultural goods;
- processors of secondary agricultural goods/ food products.
Social impact Criteria / How to Apply for ABC Funds for SMEs, Farmers & Intermediary
The ABC Fund offers direct funding to projects that have a high social impact by contributing to:
- developing rural employment and supporting income-generating activities for smallholder farmers;
- increasing productivity and commercial performance of economic actors along the food value chain.
Special attention is given to entities that promote innovation and sustainable and resilient agriculture, and meet the highest Environmental, Social and Governance (ESG) standards.
Financial performance criteria / How to Apply for ABC Funds for SMEs, Farmers & Intermediary
- At least two years of activity
- Revenue: ≥€180,000Collateral coverage: ≥50% of loan amount (including company and other types of collateral)
- EBITDA / total revenue: ≥5%
For financial intermediary
| Tenor | Indicative Amount Range | |
|---|---|---|
| Term Loans | 3-5 years | €1M-4M |
| Sub-debt / Equity | 5-7 years | €200k-500k |
Funding provided by the ABC Fund is in euros, US dollars and in local currency when possible.
Technical Assistance / How to Apply for ABC Funds for SMEs, Farmers & Intermediary
Along with financing, the ABC Fund helps its investees address capacity challenges to develop their business through its Technical Assistance Facility (TAF). The TAF offers technical and advisory services in the fields of business development, extension services, operations, marketing, governance, financial management and other key areas that need strengthening. The aim is both to strengthen the investees’ business and to mitigate risks, including social or environmental risks.
For more information, please contact: abcfund@injaroinvestments.com
How to Apply
Interested individual should click the link to apply.
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