The project would support the implementation of a lending programme for SMEs by the KfW and target value chain opportunities linking SMEs to growing markets. CFC financing for this project would allow KfW and the local financing institutions to develop and provide new financing products to the local SMEs under the guidance and feedback of commodity value chain finance experts with extensive international experience across the range of countries and commodities sectors. This would allow to trial a wider range of instruments, schemes and mechanisms for enhancing the diversification of income opportunities available to SMEs through their better integration in high-growth value chains locally and internationally.

The project will enable CFC to leverage its knowledge and expertise in agricultural value chains to facilitate the emergence of new business opportunities in Russia, with a possibility of expansion to other developing countries.

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