Help bring Financial Stability to Uganda

 
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Aug 12, 2011

John Deere Foundation Supports African Farmers

Teddy Namagembe, a Ugandan coffee farmer client.
Teddy Namagembe, a Ugandan coffee farmer client.

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/

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Project Leader

Ally Lynch

Oak Brook, Illinois United States

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Map of Help bring Financial Stability to Uganda