Bamboo Capital Companions a specialist affect investor in rising and frontier market has joined the Smallholder Security Web Upscaling Programme (SSNUP) as an affect investor.
Bamboo Capital Companions works with improvement businesses and monetary establishments to develop modern financing options that ship lasting affect at scale by its vary of catalytic, industrial and blended affect funds. As a part of SSNUP, Bamboo will be capable of assist agribusinesses scale up their companies and strengthen their capacities, which in flip will assist ship sustainable jobs, revenue and constructive affect for smallholder farmers.
Jean-Philippe de Schrevel, Founder and Managing Accomplice, Bamboo Capital Companions, stated:“Bamboo may be very happy and proud to be becoming a member of SSNUP and excited to supply the chance to spend money on corporations within the agricultural sector to obtain technical help that may finally profit smallholder farmers. It’s a programme that catalyses worth chains to positively affect 50 million susceptible folks.”
SSNUP’s goals is to extend the resilience of smallholder farmers and agricultural worth chains. The programme is scheduled to run for ten years with an total goal finances of EUR€55 million. It co-finances technical help tasks that strengthen the resilience of smallholder farmers and worth chain actors such as SMEs, agricultural cooperatives, microfinance establishments and different agricultural monetary intermediaries in Africa, Latin America and Asia.
SSNUP brings many advantages to smallholder farmers together with better productiveness, sustainability, resilience and job creation. For monetary service suppliers, SMEs and cooperatives it strengthens governance, will increase capability, effectivity and ESG compliance.
The programme is run by ADA (Appui au développement autonome), a non-governmental organisation, based mostly in Luxembourg, whose mission is to extend the autonomy of susceptible communities in Africa, Central America and South-East Asia with inclusive finance, thereby contributing to reaching the UN Sustainable Growth Objectives(SDGs).
Matthew Genazzini, SSNUP coordinator, ADA added: “We’re delighted to welcome Bamboo into SSNUP’s ranks and be part of efforts to enhance the livelihoods of smallholder farmers. Bamboo has a confirmed monitor file for delivering affect on this house and we’re excited to welcome them on board.”