Tanzania

Increasing Access to Finance for Agribusinesses

Agribusiness Investment for Market Stimulation (AIMS) is a five-year initiative of Global Communities to bolster trade in key agricultural sectors, grains, pulses, dairy, and horticulture in Kenya, Tanzania and Malawi by increasing access to financing and markets for small and medium-sized agribusinesses. AIMS is funded by the U.S. Department of Agriculture and includes a planned $50 million loan guaranty facility backed by the Overseas Private Investment Corporation (OPIC). AIMS works to build the capacity of small and medium-sized agribusinesses and improve access to markets through enhanced buyer-seller linkages and better market information. It also works to build the capacity of banks in the region to lend to small and medium-sized agribusinesses to develop improved products and establish appropriate risk mitigation techniques under the loan guarantee facility.