Bayer BLFA SEA 1 (IFC-602990)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Philippines
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 24, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Better Life Farming Alliance
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.36 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.36 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Feb 15, 2019

Disclosed by Bank Dec 18, 2018


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Project Description

According to IFC website, this project aims to support the Better Life Farming Alliance (BLFA) partners (Bayer, Netafim, Swiss Re and others) in setting up a regional smallholder training program in Southeast Asia. It includes two components: (A) replication of IFC-Bayer’s financial literacy farmer training in the Philippines, including preparing BLFA's field staff through adult education training; and (B) baseline surveys using IFC/WB livelihood measurements.

Further, it aims to improve farmer livelihoods through a client-run training program which improves rice and coffee smallholder farmers’ financial literacy and business skills in Southeast Asia. The intended impact is that farmers increase net income through better farm decision making and more effective use of agro-inputs.

People Affected By This Project

The objective of this project is to improve farmer livelihoods through a client-run training program which improves rice and coffee smallholder farmers’ financial literacy and business skills in Southeast Asia. The intended impact is that farmers increase net income through better farm decision making and more effective use of agro-inputs.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

No contact information provided at the time of disclosure. 

ACCOUNTABILITY MECHANISM OF IFC

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