Submitted by: Global Communities
Posted: Jan 22, 2018 – 09:00 AM EST
SILVER SPRING, Md., Jan. 22 /CSRwire/ - Global Communities and Cargill have entered into a strategic partnership to promote agricultural trade for small- and medium-sized agribusinesses in Kenya. The collaboration will stimulate commercial linkages between Cargill and Kenyan small- and medium-sized agribusiness that are working with Global Communities under its Agribusiness Investment for Market Stimulation (AIMS) initiative.
AIMS, which is funded by the US Department of Agriculture (USDA) Food for Progress program, bolsters trade in key agricultural sectors in Kenya, Tanzania and Malawi by increasing access to financing, markets and capacity building for small- and medium-sized agribusinesses including cooperatives and farmer-based organizations.
While agriculture is a major contributor to economic growth in Kenya - it employs more than 75 percent of the workforce and accounts for approximately 51 percent of Kenya’s gross domestic product - many farmers still operate on a subsistence scale due to limited access to finance, inadequate access to quality inputs, reliance on rain-fed approaches, and limited access to reliable markets.
“Our partnership with Cargill presents an opportunity for participating agribusinesses to access directly more reliable markets with better payment terms that will enable them to increase their incomes, improve their livelihoods and reduce their reliance on third parties,” said Kimberly Tilock, Global Communities Kenya Country Director.
Through this partnership, Global Communities and Cargill will work together to resolve challenges faced by AIMS-supported agribusinesses to meet production and quality standards. Support will include capacity building in quality specifications and management, linkages to finance, input providers and transport, and development of aggregation centers.
"We are excited to work with a partner that is passionate about empowering people and supporting local businesses. We want to raise the profile of agriculture as a viable business and, this is an opportunity to share our extensive skills, knowledge, and experience to directly impact the earning potential of local farmers," said Carl Tundo, Origination Manager, Cargill in Kenya.
About Global Communities
Global Communities is an international non-profit organization founded in 1952 that works closely with communities worldwide to bring about sustainable changes that improve the lives and livelihoods of the vulnerable. Global Communities believes that the people who understand their needs best are the people of the community itself. Learn more at www.globalcommunities.org
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and more than 150 years of experience. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.
For more information, please contact:
For more from this organization:Global Communities