• Uncategorized

    Award-winning Community Bank Earns Satisfaction Plus in Facilitating Loans to Farmers

    TCCU’s inclusion financing and membership numbers have more than doubled since joining USAID FinGAP Pay-for-Performance Incentive Program Tumu Cooperative Credit Union (TCCU) was established almost half a century ago in the Sissala district of the Upper West Region of Ghana to provide financial support to members engaged in a variety of economic enterprises.  Its major source of funding was the money in members’ savings accounts, which in turn were used for collateral on loans.  Never in its history were these funds enough to support the community’s growing needs, particularly those of members working in high risk, but essential farming activities.…

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    Financing Brings Food Security into Focus and Hope to Young Female Would-Be Migrants

    Braimah Shaibu looked around his rural community of Nasia and saw two things:  a struggling cottage industry of rice producers, and young women fleeing the poverty stricken area to find menial jobs in Ghana’s urban centers.  As a former micro credit officer with a local non-governmental organization, Shaibu wanted a different view.  He knew that with determination, business acumen, and financial backing, he could strengthen Nasia’s rice production and equip the local youth with employable skills to earn a living and prosper in their own community. In 2013, Shaibu launched Tamanaa Company Limited to process and market Nasia Star rice,…

  • In the Media

    Creating entrepreneurs through agribusiness financing

    The Graphic Business newspaper reports that most agribusiness enterprises have been assisted by the USAID Financing Ghanaian Agriculture Project’s (USAID FinGAP’s) business advisory service providers to access financing to expand their production capacity… Creating entrepreneurs through agricbusiness financing

  • In the Media

    USAID FinGAP awards deserving agribusiness actors

    Business and Financial Times (B&FT) – January 11 2018 The USAID Financing Ghana Agribusiness Project (USAID- FinGAP) has awarded ten (10) various agribusiness actors for their diverse contributions to growth and development of the sector, especially in the three northern regions. The awardees are players in areas such as financing, farm aggregation, agro-processing, business advisory and farming. They were presented with plaques and citations. The awards ceremony climaxed the 2017 Women in Agribusiness Development Summit held in Accra. They are Builsa Community Bank, Tumu Cooperative Credit Union (TCCU), Success for People Microfinance Ltd., JCS Investments Ltd., and Shinkaafa Buni Rice…

  • In the Media

    Women in Agriculture can help achieve Ghana beyond aid – USAID

    Ms Sharon L. Cromer, USAID Ghana Mission Director, on Tuesday said Ghana can attain its vision of self-reliance faster and more sustainably if it empowers its people, especially women and particularly those in agriculture. She noted that whilst President Nana Addo Dankwa Akufo-Addo’s emphasis on Ghana realising its full potential by reducing its reliance on foreign assistance, the USAID administrator’s position is that the purpose of foreign assistance was to end the need for its existence in the first place, through effective, accountable, and responsible country systems. Ms Cromer made the statements during the opening of the USAID Financing Ghanaian…

  • In the Media

    USAID FinGAP to invest in women in agribusiness

    USAID Financing Agriculture Project (USAID FinGAP) is poised to help invest in women involved in agribusiness value chain. This is to help empower women in helping build a resilient economy. Ms Sharon Cromer, USAID Ghana Mission Director believes that, empowering women in agriculture can serve as a catalyst to help position the country as a nation beyond aid faster and in a sustainable manner. She indicated that empowering women to participate in the local economy could pave the way to Ghana’s self-reliance and economic growth. “Fostering broad-based inclusive economic growth means unlocking everyone’s potential, including women and youth, to fully…

  • Events

    USAID FinGAP Celebrates Women’s Contribution to Agribusiness Development

    The Feed the Future USAID Financing Ghanaian Agriculture Project (USAID FinGAP), in collaboration with MEL Consulting Limited, a Business Advisory Service (BAS) provider within the Project’s network, held a “Women in Agribusiness Development” Summit on December 5, 2017, at the Movenpick Ambassador Hotel in Accra. The purpose of the Summit was to highlight the contributions of women in Ghana’s agriculture sector. It was attended by 246 people (100 male and 146 female). This included women-led agribusinesses, farmers, processors, business advisory service providers, financial institutions, Government of Ghana representatives, and development partners. The Minister of Gender, Children and Social Protection, Madam…

  • In the Media

    GRAPHIC Business Reports on USAID FinGAP’s Women in Agribusiness Summit

    The USAID Ghana Mission Director, Ms Sharon Cromer, has said that empowering women in agriculture can serve as a catalyst to help position the country as a nation beyond aid faster and in a sustainable manner. She said women made up 50 per cent of the population and served as an underutilised resource, such that progress could not be made when over half of the country faced a range of economic and social challenges, including lack of access to land, markets, agricultural technologies and inputs. Consequently, she indicated that empowering women to participate in the local economy could pave the…

  • Uncategorized

    Consultancy Opportunity in Finance

    USAID FinGAP is looking to hire a team of consultants to undertake an assessment of the project’s grant program and impact. Financing of agribusiness enterprises is facilitated by USAID FinGAP and disbursed through Ghanaian FIs who have received pay-for-performance (P4P) grants from the project to incentivize them to increase investments into the target value chains, along with ongoing technical assistance. One of the key development hypotheses upon which USAID FinGAP was designed is that “smart incentives” can motivate FIs to expand agricultural lending and investment, and that once proof of concept is established, technical capacity is built, and the necessary…

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    We’re Hiring!

    USAID FinGAP is hiring a long term Office Manager for its office in Accra, Ghana. The role of the position is to provide overall management of operations, administration, logistics, procurement, human resources, information technology, property and security in the project office (Accra) and the field office (Tamale) with the goal of ensuring that the project is implemented in accordance with USAID and Palladium rules, regulations and procedures. Supervision will range in scope from daily oversight of project facilities (office space, equipment and vehicles) to liaising between staff and administration, to ensuring that the project has sufficient systems in place to…