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Overview
| Donor: | Fairtrade Access Fund |
| Application procedure: | Full Proposal |
| Donor base: | Colombia, Kenya |
| Reference number: | - |
| Eligible applicants: | Non-Profit Organisation, Social Business |
| Deadline: | ongoing |
Financial details
| Grant size: | Large - more than $1,000,000 |
| Minimum grant size: | 250.000$ |
| Total available budget: | - |
| Funding type: | Loans, Other |
| Maximum grant size: | 2.000.000$ |
| Funding ratio: | Co-funding preferred |
Sectors
- Agriculture & Rural Development
- Economic Development
- Education
- Environment & Natural Resources
- Food Security
- Social Inclusion
- Women & Gender
Project Locations
Africa
Benin, Burkina Faso, Democratic Republic of the Congo, Ivory Coast, Madagascar, Tanzania, Togo, Uganda
America
Bolivia, Brazil, Chile, Colombia, Ecuador, Guatemala, Honduras, Mexico, Nicaragua, Paraguay
Description
1) Objective
Launched in 2012, the Fairtrade Access Fund is designed to meet the most important financing and technical assistance needs of Fairtrade smallholder farmer cooperatives and associations in Latin America and the Caribbean, and Africa. It offers a full range of loans and technical assistance. The Fund is a joint project of the Fairtrade International, Incofin Investment Management and the Grameen Foundation.
The Fund offers three types of loans: (1) long-term loans (1-5 years; these loans allow an organisation to invest in building up its business and to plan for the long term like crop renewal, farm improvements, equipment, and processing facilities); (2) working capital (up to 1 year; these loans provide working capital for fertilisers, machinery and other inputs); and (3) trade finance (up to 1 year; these loans serve as bridge payments to purchase members’ produce during the harvest).
2) Eligibility
Eligible for loans are private companies and organisations (e.g. agricultural cooperatives or associations of small-holder farmers) that are legally registered and based in the country of operation (Latin America, the Caribbean and Africa). Candidates for the fund must be strong and responsible organizations that are certified by Fairtrade International (FLO), or another sustainable certificate (Such as Rainforest Alliance, Utz, World Fair Trade, Café Practices,) or in the process of being certified. The fund also provides financing services to plantations (farms), processors and traders that are certified, as well as microfinance institutions that focus on small farmers.
3) Location
Loans and technical assistance are available for organisations based in Latin America and the Caribbean (Brazil, Bolivia, Chile, Colombia, Ecuador, Paraguay, Nicaragua, Mexico, Guatemala, Honduras), and Africa (Burkina Faso, Ivory Coast, Togo, Benin, DR Congo, Uganda, Tanzania, Madagascar).
4) Budget
Loans are generally offered between $250,000 and $2,000,000. Loans are available in USD or in local currency.
5) Application
The application form can be downloaded from their website and can be submitted on a rolling basis.