EHPEA linked its member farms with International Finance Corporation(IFC) which is the largest global development institution and member of World Bank Group on the financing opportunities they offer for horticulture farms today at Hilton hotel.
The International Finance Corporation (IFC) provides financing of private-enterprise investment in developing countries around the world, through both loans and direct investments.
IFC introduced its customized financing schemes for the sector with a provision of 50% loan, 5% interest rate and 20% equity depending on the business case. IFC’s representatives presented that they are looking to work as a partner by providing, agribusiness advisory on quality assurance, technical support, knowledge sharing, product development and maintenance.
The discussion concluded to come up with the way forward on identifying innovative solutions for strategic challenges and linking more investments with IFC’S services.