Through our programs and partnerships, FINCA Canada is advancing sustainable agriculture, improving the lives of small farmers, reducing the threat of climate change and expanding access to food for millions of people.
Around the world, 1 in 4 people struggle to access or afford a healthy and nutritious diet. This fact is even more devastating given that the world produces more than enough food to feed the entire planet, but one-third of the food produced for human consumption is lost or wasted. Investments in good agricultural practices and improving supply chains has the potential to address these global failures. In addition, bad agricultural practices can unnecessarily increase greenhouse gas emissions with the negative impacts of climate change most likely to harm the poor.
Around the world, FINCA Canada subsidiaries provide agricultural loans and other financial services specifically designed for farmers. Thanks to these services, farmers can enhance their productivity and distribution methods. This increases the farmers’ profits and can increase the community’s access to healthy food as well as local food security.
FINCA Kosovo is one of many FINCA subsidiaries to have created a financial product specifically for farmers. A woman raising pigs or goats or growing vegetables has a very different cash flow than a seamstress or shop owner. The investment that she makes in seeds or improved irrigation won’t pay off for many months. FINCA’s agricultural loan products take these needs into account, ensuring that her payments match her revenue stream.
Stories of Resilience
Access to sustainable agriculture methods and practices, as well as an improved supply chain, empowers small farmers. It can help them increase their yields and their incomes. More importantly, it lifts up communities and countries that benefit from improved access to sustainable and healthy food. Many of our ag-related activities also help reduce climate change. The following stories demonstrate just how big a difference a small intervention can make.
After losing all his crops on his farm in Haiti, August Jean Soliny was able to rebuild his farm and provide for his family, thanks to FINCA’s agricultural loans.