Agri-Business Finance Fair Haramaya Nov 7-8, 2014
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Catalogue Financial Institutions Capacity Builders Unions Private Companies Agri-Business Finance Fair Haramaya Nov 7-8, 2014 Improved Farmers’ Access to Financial“ Services and Investment Inside Forward, 1 Previous Finance Fairs, 2 Bunna International Bank S.C, 5 Abay Bank S.C, 7 Cooperative Bank of Oromia (CBO) S.C, 9 Oromia Insurance Company (OIC), 11 Oromia Credit and Saving S.C (OCSSCO), 13 Commercial Bank of Ethiopia, 14 Harar Microfinance Institution, 16 Haramaya Farmers Cooperative Union, 17 Afren Kelo Cooperative Farmers Union (Ltd), 18 Cher-Cher Oda Bultom Farmers Cooperatives Union COBFCU), 19 Oborra Farmers’ Cooperative Union Limited Liability, 20 HU-ISSD, 22 Haramaya University, 23 Red een Kind, 24 Self Help Africa, 25 Development Expertise Center (Dec), 26 SCOPEinsight, 28 FSRE-Fund/ICCO Cooperation, 29 Oromia Agricultural Research Institute Mechara Agricultural Research Center, 30 Canadian Hunger Foundation (CHF), 32 Farm Africa /SOS Sahel Ethiopia, 33 Fedis Agricultural Research Center, 34 TGT Enterprise, 39 Bere Sericulture Production Limited Company, 40 Directory, 42 Agri-Business Finance Fair Haramaya Nov 7-8, 2014 Developed by AgriProFocus Ethiopia in cooperation with Haramaya University/ISSD Platinum sponsor: Bunna International Bank Silver sponsor: Abay Bank Design and editing: Agri-ProFocus Ethiopia, 2014 All information in this catalogue is provided by the financial institutions, the capacity builders and the private companies profiled here in. The Directories included are also assembeled from various public sources. The publisher will not be held responsible for any content provided in this catalogue. Finance Fair Organization: Platinum Sponsor Silver Sponsor Forward This Haramaya Finance Fair Catalogue is prepared and disseminated by Agri-ProFocus Ethiopia in collaboration with Haramaya University/ISSD. The aim is to bring farmers, farmers’ organizations and rural enterprises from one side, and financial service providers from the other side together at the presence of capacity builders/NGOs and policy makers to discuss on the rural financial service provision successes, challenges, and recommendations against the challenges. This finance fair is based on prevailing mismatch between demand and supply of financial services in rural areas, and investment capacity of farmers and entrepreneurs of East and West Hararghe areas. Gerrit Holtland The information contained in the catalogue, if judiciously Agri-ProFocus Ethiopia Coordinator utilized, are believed to be vital to farmers, farmers’ [email protected] organizations, rural enterprises, financial service providers, Ethiopia Agri-ProFocus apf-ethiopia.ning.com Addis Ababa capacity builders/NGOs and policy makers for the purpose of curbing problems of mismatch in demand and supply of financial services in rural areas. Moreover, it contributes in bringing more farmers and financial service providers together through open discussions at the forum and subsequent contacts. Parallel with these, the forum contributes towards promotion of investment. So far, Agri-ProFocus Ethiopia conducted six finance fairs in 1 the country: Haramaya Finance Fair is the seventh one. On - Haromaya Finance Fair these finance fairs, farmers, farmers’ organizations, rural enterprises, financial service providers, capacity builders/ NGOs and policy makers came together and discussed on how to curb problems of mismatch between demand for and supply in financial services in rural areas being accompanied by some recommendations. We do have opinion that careful and continuous use of these successive Finance Fairs can improve intuitive understanding of farmers, financial service providers and capacity builders on financial services provision successes, challenges and possible recommendations. We also suppose policy makers make use of the recommendations made in these regards. Meanwhile, your comments and constructive suggestions are highly appreciated to make the aim of the Finance Fair a success. Improved Farmers’ Access to Financial Services and Investment Previous Finance Fairs Agri-ProFocus (APF) is a network of Dutch companies, Banks, NGOs and Academic Institutions working in agriculture at global level. In Africa it is working in Twelve countries via ‘Agri-hubs’: local networks of professionals and organizations active in agribusiness and agricultural development. Agri- ProFocus /Agri-Hub Ethiopia have more than 866 individual members and 72 affiliated organizations. Agri-Hub Ethiopia is working on a range of themes in agricultural development. One of the major themes is access to finance in agriculture. The economy of Ethiopia is largely based on agriculture, but like elsewhere in Africa the level of investment in agriculture has been less than 15% and this affects the growth of agriculture seriously. Banks have for long considered farmers, agricultural coops and rural SMEs as being not bankable as they lack organizational capacities and professionalism, and also the lack of collateral is an issue. For those that do have a valid business case, it was often impossible to get access to finance as Banks have little or no means of managing the some risks related to agriculture. The idea of the Fair aims to connect both Demand & Supply side of the finance sector, so that both can understand each other’s businesses and would work together. The event will have a market place where farmers look at the display areas of MFIs, Banks, equipment suppliers, other farmer organizations and capacity builders. Moreover, about four papers will be presented and discussions would be held in the event. The second day of the event would be field visit to share experiences. To address this problem of mismatch between DD and SS sides of financial service provisions, Agri- ProFocus Ethiopia organized 6 Finance Fairs since 2012. This Haramaya Finance Fair is the seventh one. Haramaya is the 7th Finance Fair Haramaya Jimma 2012 The 1st Agri-Business Finance Fair was successfully organized in Jimma on October 2012. It was organized in collaboration with Jimma University, College of Agriculture & Veterinary Medicine. Finance Fair - Haromaya Finance Fair More than 250 individuals attended, (from Government 2 Offices, Academic Institution, NGO’s, MFI’s, Banks, Insurance, Union / Cooperatives, MSEs). 10 Organizations attended the Market Place. (NGO’s, MFI’s, Banks, Insurance, Union / Cooperatives & SMEs). 8 Papers presented. Field visit organized by TechnoServe (Their work with NIB International Bank and Cooperative Bank of Oromia). Post-Event evaluation done. Agri-ProFocus Ethiopia Agri-ProFocus Hawassa 2012 The 2nd Agri-Business Finance Fair was held in Hawassa on December 2012. It was organized in collaboration with Hawassa University, College of Agriculture. Attended by 471 participants (From Hawassa University, Government Offices, NGOs, Banks, Microfinance Institutions, Unions, Cooperatives, Rural SMEs & Farmers). 16 organizations exhibited their products & services. 4 papers presented. Field visit organized by Commercial Bank of Ethiopia & TechnoServe. Post-Event evaluation done. Improved Farmers’ Access to Financial Services and Investment Previous Finance Fairs Bahir Dar 2013 The 3rd Agri-Business Finance Fair was held in Bahir Dar in April 2013. Bahir-Dar University/Integrated Seed Sector Development Amhara Program II was co-sponsor of the fair. 250 farmers & professional attended the fair. 17 organizations, from MFIs, Banks, Private companies & Capacity Builders, were exhibited their products & Services. 4 papers presented. Field visit organized by BDU/ISSD II Project. Follow up discussion was made with (Buna International Bank, CBE, Abay Bank & ACSI). Post-Event evaluation done. Mekelle 2013 The 4th Finance Fair was held in Mekelle on August 24 & 25 , 2013. Mekelle University/Integrated Seed Sector Development II Project was co-sponsor of the fair. 300 individuals attended. Agri-ProFocus Ethiopia Agri-ProFocus 12 organizations, from MFIs, Banks, Private companies and Capacity Builders, were exhibiting their products & Services. 4 papers presented. Field visit organized by MU/ISSD II Project. Hawassa 2014 The 5th Finance Fair took place in Hawassa, the city that hosted the 2nd Finance Fair also. It was on March 1&2, 2014 at Hawassa University Agricultural College compound. Hawass University/ISSD was the co-sponsor. 3 350 individuals attended. - Haromaya Finance Fair Over 17 organizations exhibited their product and services 5 Papers were presented A field visit to Kayo Seed Producer Cooperative, organized by HU/ISSD Bishoftu 2014 Bishoftu city hosted the 6th Finance Fair organized on July 15-16 in collaboration ISSD South & West Oromia Unit/Oromia Seed Enterprise . More than 350 individuals attended. Over 15 organizations exhibited their product and services 7 Papers were presented A field visit to Biftu Farmers’ Primary Seed Producer Cooperative operating in Lume Wereda 50 km from Bishoftu. Please visit the links below for the details. For Jimma’s Finance Fair:http://apf-ethiopia.ning.com/group/finance-fair/page/jimma-fair. For Hawasa’s Finance Fair: http://apf-ethiopia.ning.com/group/finance-fair/page/hawassa-fair-8-dec. For Bahir Dar’s Finance Fair: http://apf-ethiopia.ning.com/group/finance-fair/page/bahir-dar-agri-finance-fair-6-7-april-2013. For Mekele’s Finance Fair: http://apf-ethiopia.ning.com/group/finance-fair/page/mekele-finance-fair-24th-25th-of-august-2013. For Hawassa’s Finance Fair: http://apf-ethiopia.ning.com/group/finance-fair/page/2nd-hawassa-finance-fair-1st-2nd-of-march-2014