ICCO Cooperation and the Mastercard Foundation have joined forces to support smallholder farmers in Senegal. The COVID-19 Recovery and Resilience Agrifinance Project (CORRAP), co-created with Senegalese producers, aims to support smallholders to recover from the pandemic and emerge stronger and more resilient to future crises and shocks.
The strategy relies on producer organizations and actors in agricultural value chains working together to help increase agricultural productivity, and to increase the empowerment of producers, including young people and women.
The COVID-19 Recovery and Resilience Project (CORRAP) will see several stakeholders (ICCO Cooperation, the Mastercard Foundation, producer organizations, stakeholders in the rice, millet, sorghum, maize and cowpea value chains, as well as potato and onion producers) combine their efforts to facilitate: Sustainable access to quality inputs for smallholder farmers; Continuous quality e-training and capacity building services through the digitization of agricultural value chains; and Efficient access to market through the use of digital services to connect producers directly to consumers.
An anticipated 80,000 smallholder farmers across 11 regions in Senegal will benefit from the project as their resilience is strengthened and their resources are mobilized to produce in the next two agricultural campaigns.
The COVID-19 Recovery and Resilience Project, co-created by the Mastercard Foundation and ICCO will contribute not only to the objective of strengthening the productive bases, but most importantly, promote the digitization of agricultural value chains while strengthening the capacities of producer organizations and their networks.
The COVID-19 Recovery and Resilience Project (CORRAP) will see several stakeholders (ICCO Cooperation, the Mastercard Foundation, producer organizations, stakeholders in the rice, millet, sorghum, maize and cowpea value chains, as well as potato and onion producers) combine their efforts to facilitate sustainable access to quality inputs for smallholder farmers.
The COVID-19 Recovery and Resilience Agrifinance Project is a two- and half-year program, with a commitment of USD 3.38 million from the Mastercard Foundation. Partners in this project include farmers networks, producer organizations, digital products providers, and other relevant stakeholders such as public agricultural agencies, business development services, financials services providers, and MSMEs.