Due Date: November 26, 2018

Applications are open for the Agrifi Kenya Obstacle Fund 2018/2019 The AgriFI Kenya Obstacle Fund is a European Union effort to support efficient and market-integrated smallholder farming through the arrangement of financial backing to agri-enterprises.

The goal is to add to enhancements in the capability of smallholder farmers/pastoralists to practice ecologically sustainable and climate-smart farming as an organisation in inclusive worth chains. The Obstacle Fund is moneyed by the European Union and co -moneyed by SlovakAid and is carried out in parallel with a prepared European Financial investment Bank (EIB) center supplied to regional banks. Self Assistance Africa and Imani Advancement Limited are the Fund Supervisors for the program.

Grant

  • The very first require propositions targets to award Euro 6 million to 15 jobs in overall at approximately Euro 375,000 per task.

Eligibility

  • The fund supports jobs advance by little and medium sized agri-enterprises with service designs that are incorporating smallholder farmers/pastoralists into worth chains;-LRB- ************).
  • The agri-enterprises requirement to show how they are benefitting smallholder farmers/pastoralists. This might be through the facility of a brand-new activity or growth of existing activities in particular or all nodes of the worth chain;-LRB- ************).
  • Using agri-enterprises should be properly integrated in Kenya as a business or a cooperative;-LRB- ************).
  • Should be certified with all nationwide and regional laws and policies consisting of however not restricted to tax guideline, health and wellness and ecological requirements;-LRB- ************).
  • Should be a for-profit entity; not-for-profit organisations and federal government bodies are not qualified to use as lead candidates. Nevertheless, they can add to jobs as co-applicants;-LRB- ************).
  • Should want and able to a minimum of match the amount of financial backing asked for to money the activities of the proposition through a mix of money and money equivalents, credit or equity from own or third-party sources;-LRB- ************).
  • Should offer proof in the task proposition of existing or future combination of smallholder farmers/pastoralists in existing or brand-new worth chain( s) in the task’s locations;-LRB- ************).
  • Business should have at least 3 (3) years of undisturbed operations with a concentrate on any or a mix of the thematic locations of the AgriFI Kenya Obstacle Fund program;-LRB- ************).
  • Should have an annual turnover in the variety of EUR 200,000 to EUR 50,000,000;-LRB- ************).
  • Should have a property base of less than EUR 43,000,000;-LRB- ************).

Application

For additional information, go to Agrifi Kenya Obstacle Fund

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