The Common Fund for Commodities (CFC) invites applications for financial support from qualifying projects. The CFC can offer a range of financial and technical instruments of support to meet specific needs of SMEs/enterprises/businesses, cooperatives, and institutions along the entire commodity value chain in its member countries.
Eligible projects are based in one of the CFC Member Countries and intend to contribute to the Sustainable Development Goals by investing in commodity value chains. Successful applications will demonstrate clear and visible potential to achieve sustainable positive impact on the livelihoods of the poorest people who depend on commodities.
With poverty alleviation as the mission, the CFC will support proposals investing in poorest and most vulnerable people in the global value chains, which may concern production, processing, financing, marketing, research, and development (R&D), etc.
Quality project proposals from LDCs (Least Developed Countries), LLDCs (Landlocked Developing Countries) and SIDs (Small Island Developing States) will be given priority to alleviate more people from poverty.
About The Common Fund for Commodities (CFC)
The Common Fund for Commodities (CFC) is an international financial organization born out of the United Nations Conference on Trade and Development (UNCTAD) process in 1989. From its headquarters in Amsterdam, the Netherlands, CFC invests in the most vulnerable stakeholders of global commodity value chains, such as smallholders and SMEs to help them capture a greater share of the value they create in a sustainable way. CFC’s ultimate goal is to catalyze innovative process of technology enabled structural transformations in global value chains to make them equitable and sustainable.
Funding Information
- The CFC funds agribusinesses with loans and other debt instruments. The maximum amount is USD 2 million for regular projects, and up to USD 300,000 under the Fast-Track procedure.
- CFC can offer a grace period on its loans, not exceeding 2 years.
- Interest rate will be determined depending on the type of project and the risk attached to it. CFC offers affordable and competitive financing terms and conditions that are tailored to the risk profile and requirements of the borrower.
Eligibility Criteria for Common Fund for Commodities (CFC)
- If the country where your project will operate is a CFC Member State, you are eligible to apply for the proposal (Click to see list of CFC Member State).
- The CFC does not finance start-up companies. Eligible proposals must demonstrate a track record of at least 3 years (addressing substantive as well as financial issues).
- The existence of a credible historical period of operations (documented by audited financial statements) is important.
- Successful applications will demonstrate clear and visible potential to achieve sustainable positive impact on the livelihoods of the poorest people who depend on commodities.
- The CFC encourages applications proposing innovative solutions for the commodity sector. These may include new agritech applications, agroforestry, agro-ecology themed innovative productivity practices, regenerative technologies, increased availability of renewable and affordable energy, expanding environmental services, expediting digital and green recovery, adding to the nutrition security, climate friendly practices contributing to biodiversity, preventing deforestation, digitalization, financial inclusion, blockchain and other traceability solutions.
- Applications should clearly show operational and financial viability, and be economically, socially and environmentally sustainable. Women entrepreneurs are especially encouraged to apply.
How to Apply
- SUBMIT COMPLETED APPLICATION FORM AND ANY SUPPLEMENTARY DOCUMENTS TO [email protected]
- Download Application form and the Balance Sheet/Income statement in English.
- For more details visit: CFC funds
Application Deadline: 1 October 2024