New program to support smallholder farmers

SSNUP (Smallholder Safety Net Upscaling Program)

In collaboration with the Swiss Agency for Development and Cooperation and the Luxembourg Agency for Development Cooperation and Humanitarian Action, ADA is launching a new program to support smallholder farmers in Africa, Latin America, and Asia. The Smallholder Safety Net Upscaling Program (SSNUP) will run for ten years and has a budget of €55 million.

The program will draw on the technical assistance expertise of impact investment funds to design, test and develop financial and non-financial solutions for mitigating and transferring agricultural risks for different actors in value chains.

A partnership to strengthen the provision of technical assistance

With its experience in managing technical assistance programs, the Grameen Crédit Agricole Foundation was selected as one of the impact investors responsible for setting up the SSNUP.

The Foundation will coordinate technical assistance missions for the organizations it supports—microfinance institutions and social enterprises—on various themes such as the development of new financial and non-financial products/services for small producers, agricultural microinsurance, and the digitalization of operations. The SSNUP expands the Foundation's technical assistance offering and represents a tremendous opportunity to strengthen its impact on the organizations it supports in Africa and Asia and on the small producers supported by its organizations on the ground.

In addition to the Foundation, four impact investors have joined SSNUP: Incofin, Oikocredit, responsAbility, and Symbiotics. Other stakeholders will be invited to join the program as it develops.

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More information: ADA