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Fondo Cooperativo para el Desarrollo Agroempresarial - Supporting an agricultural cooperative focused on small farmers

Fondo Cooperativo para el Desarrollo Agroempresarial

Supporting an agricultural cooperative focused on small farmers

Dominican Republic

The cooperative Fondo Cooperativo para el Desarrollo Agroempresarial (FONDAGRO) provides financial services to micro, small and medium-sized farmers across the Dominican Republic. FONDAGRO was founded in 2005 with the purpose of offering credit to micro, small and medium-sized farmers in rural areas.

FONDAGRO’s mission is to help people with limited financial resources achieve their life goals and ambitions. The cooperative’s services are available to farmers located all over the country.

FONDAGRO has more than 1,700 members who all live in rural and peri-urban areas. Members gain access to technical assistance such as financial literacy training and business management, and specific support for agricultural production.

The cooperative has diversified its agricultural loan portfolio by supporting a wide range of agricultural products such as cocoa, bananas and plantains. It plays an important economic and food-security role by financing a sector overlooked by traditional financial institutions.

Fondo Cooperativo para el Desarrollo Agroempresarial (FONDAGRO) has been an Oikocredit partner since 2010.

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