The John Deere Foundation has given Opportunity International a $3.5 million grant to expand access to financial services for farmers and other entrepreneurs in Ghana, Malawi, Mozambique, Rwanda and Uganda, through its “Banking on Africa” initiative.
"One of the John Deere Foundation’s goals is to help eliminate hunger through initiatives that help manual farmers move from subsistence farming to commercial agriculture, resulting in enhanced security for the farmers, increased and sustainable food supplies and measurable economic growth in developing nations,” said John Bustle, vice president, John Deere Foundation. “We are impressed with the progress that Opportunity International has made in increasing access to financial services for African farmers, food processors and retailers. Likewise, we are excited and optimistic about Opportunity’s ongoing efforts to create a sustainable framework for enhanced food security through increased food production, food availability at local markets and family income to purchase food.”
To learn more about the John Deere Foundation's support of Opportunity International's work in agricultural finance visit http://www.opportunity.org/press-releases/opportunity-international-announces-a-john-deere-foundation-grant-for-its-%e2%80%9cbanking-on-africa%e2%80%9d-initiative/
Project Reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.
If you donate to this project or have donated to this project, you will get an e-mail when this project posts a report. You can also subscribe for reports via e-mail without donating or by subscribing to this project's RSS feed.