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‘We need a collage’: Blended finance models key to unlocking long-term impact for smallholders
['Amanda Lim']
AgTechNavigator.com
This model combines capital from multiple sources including public, private, and philanthropic to support farmers.
“If you want to reach thousands of small farmers, small landholders, we need to look at frameworks which are beyond just VC funding… We need a collage, a multimedia approach to paint this canvas,” said Kumar.
Such support is especially important during the transition periods as they build up sustainable income streams over time, as is the case with carbon financing.
“You tell farmers that they have to wait eight years for the tree to grow… You need to have mechanisms by which you have blended portfolios for them.
We have done it in India with very difficult conditions, with small farmers with one-acre land holdings, and there’s a million of them.