Sun. Oct 13th, 2019

Agritours

Agribusiness in one place

Opportunity for agricultural enterprises funding via AgriFI Kenya Challenge Fund

2 min read

The AgriFI Kenya Challenge Fund is a European Union initiative to support productive and market-integrated smallholder agriculture through the provision of financial support worth EUR 18,000,000 to agri-enterprises. The aim is to contribute to improvements in the capacity of smallholder farmers/pastoralists to practise environmentally sustainable and climate-smart agriculture as a business in inclusive value chains.

Self Help Africa recently opened the second call for applications for the AgriFI Kenya Challenge Fund to small and medium-sized agri-enterprises with a business model that integrates smallholder farmers/pastoralists into value chains. The Fund will allocate potential SME’s grants of between 200,000 Euros and 750,000 Euros to cover up to 50% of their business proposals. The other 50% will be covered by matching funds.

Applicants also have the opportunity to access a credit facility from the European Investment Bank through Equity Bank Kenya to cover the 50% required for matchfunding.

In line with this, Self Help Africa is holding several information sessions across the country to meet potential agri-enterprises and speak more on the opportunity. The remaining information sessions will be held in Nyeri, Eldoret, Marsabit and Nakuru. Two webinars will be held on 16th and 23rd July 2019.

The Fund is a European Union initiative co-funded by SlovakAid to support productive and market-integrated smallholder agriculture, through the provision of financial support worth EUR 18,000,000 to agri-enterprises.

For more information and to apply, visit www.agrifichallengefund.org

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