MICROSERFIN | Improving credit methodology and agricultural risk management
The Microserfin project is designed to complement the Huruma Fund loan. Its objective is to develop an advanced methodology for agricultural risk and credit management in line with the latest market developments. It includes market and client characterization studies, gap analysis, piloting and adoption of an improved agricultural and credit risk management methodology, as well as a review of the organizational structure and a training plan.
The implementing entity is Frankfurt School of Finance & Management GmbH, a consultant committed to improving financial markets and increasing access to financial services worldwide. It designs and implements consultancy and training programs, also conducting applied research into finance and management issues.
Up until now, surveys have been conducted with agricultural clients to determine various socio-economic aspects of their farming business, including the effects of climate change on their crops. Branch offices and potential suppliers of solar-powered agricultural equipment have been visited, and market and climate risk analyses have been carried out.
Two new agricultural products have been proposed: Rapifin and Solución, which will make officials’ analysis more efficient. Furthermore, a green product will be launched in the form of financing for water pumps powered by solar panels. The development of the agricultural technical sheet model and the proposal of the “green product” to be used in the pilot project has been initiated.
Country: Panama
Total project amount: EUR 100,000
% Financing TAF Huruma: 80%
Field of intervention: Agricultural preparation of the entity
Status: In progress
Project start / end date: July 2023 / March 2025