In 2020, CSAF members issued loans totaling USD 559 million to 649 businesses sourcing from 2.6 million farmers. Though disbursements declined 12% relative to 2019, client retention reached its highest level since 2017, there was a net increase in borrowers reached in Africa, and credit quality improved.

CSAF is an alliance of lending institutions with a shared commitment to building an inclusive and sustainable financial market for small and medium-sized enterprises (SMEs) in the agriculture sector in developing countries worldwide. Founded in 2012 as a forum for lenders to share learning, CSAF now includes 16 members and affiliates committed to market growth and impact.

Explore the full 2021 State of the Sector report to learn more about the impact of COVID-19 for the agricultural sector, and to explore the trends, opportunities and challenges associated with smallholder agricultural finance.