This service helps cooperative societies and associations of farmers and rural women to obtain financing in the form of credit sales, partnerships, and financing lines. The service also provides its beneficiaries with agricultural inputs and technical consultations.
 Service Code |
AAAID-SR-006 |
 Service Name |
Funding for Small- and Medium-Scale Farmers |
 Service Description |
Funding of rural activities and programs that serve smallholder and medium-scale farmers, producers and workers in the agricultural sector and related businesses in Member States. Funding shall be conducted as per the available funding methods in the country concerned: 1. Credit sales 2. Partnerships 3. Financing lines |
 Targeted Categories |
1. Cooperative societies 2. Associations of farmers and producers 3. Agricultural professional associations and organizations 4. Rural women's associations 5. Agricultural institutions 6. Microfinancing funds 7. Other agricultural entities |
 Terms & Requirements (Required Documents) |
1. Provision of official registration certificates proving the tenure of agricultural land 2. Availability of livestock for the animal sector (field visit must be arranged for herd inspection) 3. Evidence of expertise in the production sector (field visit must be arranged and a certificate submitted by the Department of Veterinary Affairs for Animal Production) 4. Project site data 5. Registration certificates proving engagement in such an activity 7. Summary of past activities, achievements and productive performance |
 ServiceDelivery Channels |
1. Online applications should be submitted through the AAAID website 2. Applications should be submitted to the AAAID headquarters in Dubai - United Arab Emirates |
 ServiceDelivery Timing |
1. Seasonal funding: 6-9 months 2. Financing of animal production: 1-2 years 3. Financing line: 1-5 years |
 ServiceDelivery Procedures |
1. Submit an application as per the form available on the website 2. Field visit 3. Prepare technical and financial studies to support financing of the activity 4. Determine the funding plan (amounts and repayment dates) 5. Obtain the approval of the Arab Authority Chairman 6. Conclude a funding contract with the financing beneficiary 7. Identify and contract a local technical consultant to manage the execution of the funding process 8. Submit agricultural inputs to the financing agency as per the funding plan |
 Service Outputs |
1. Submit agricultural inputs to the beneficiaries 2. Provide technical advice to the beneficiaries |
 Service Fees |
The finance profit margin will be in line with the central bank or relevant institute regulations |
 Contact Details |
Phone: (+971) 441 61555 Fax: (+971) 425 66656 Email: tsservices@aaaid.org | info@aaaid.org |
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Arab Organization for Consulting Services Center
