Assessing creditworthiness and supporting farmers

Connecting African farmers and lenders looking for financial and impact returns

 

Assessing creditworthiness and supporting farmers

Connecting African farmers and lenders looking for financial and impact returns

Products and Services

Fides Score

Lending

Impact Assessment

AgroFides provides three distinct but related services to lenders and farmers. We offer the Fides Score, an analytical tool that consists of over half a dozen models on farmers, their operations, financial history, weather, and market and yield information to assess a farmer's creditworthiness. We facilitate loans from impact investors to commercially viable small and medium-scale farmers. The third product is a quantifiable Impact Assessment (including environmental impact assessment), provided to impact investors coupled with financial returns on loans provided to farmers through AgroFides.

Farmers in sub-Saharan Africa are among the most marginalized in the agriculture value chain. This marginalization can partially be attributed to the limitations of the cash-based economic system in which farmers operate.

Lack of investment and sky-high interest rates (25-45%) in this sector derive from the lack of reliable tools to assess creditworthiness for this population. Furthermore, there is no reliable platform and process for impact investors to lend to commercially viable small and medium-scale farmers.

AgroFides' mission is to unlock the potential of commercially viable small and medium-scale farmers by turning their cash-based operations into credit-based businesses.

As an AgTech and FinTech company, AgroFides provides three distinct but interrelated services to our customers: investors (i.e., lenders) and farmers (i.e., borrowers). These services includes the Fides Score, Lending, and Impact Assessment.

AgroFides seeks to challenge the traditional notion of charitable giving by calling for investment in Africa beyond aid and allowing both farmers & our cohort of impact investors to prosper from the partnerships we cultivate.

AgroFides' mission is to unlock the potential of commercially viable small and medium-scale farmers by turning their cash-based farming operations into credit-based businesses. We accomplish this by helping farmers secure loans through AgroFides, from private and institutional investors (lenders) looking for financial return coupled with social, environmental, and economic impact.