Finance for Food : Towards New Agricultural and Rural Finance

This book reflects the current state of discussion about agricultural and rural finance in developing and transition countries. It provides insight into specific themes, such as commodity value chains, farm banking and risk management in agricultural banking, structured finance, crop insurance, mobile banking and how to increase effectiveness in rural finance. Case studies illustrate various aspects of agricultural and rural finance in developing economies. The book is based on one of the yearly financial Sector Development Symposia held by the KfW Development Bank. Front Matter....Pages I-XII Front Matter....Pages 1-1 Global Dynamics in Agricultural and Rural Economy, and Its Effects on Rural Finance....Pages 3-21 Food Security and a Holistic Finance for Rural Markets....Pages 23-41 Front Matter....Pages 43-43 Finance Through Food and Commodity Value Chains in a Globalized Economy....Pages 45-65 Agricultural Growth Corridors – Unlocking Rural Potential, Catalyzing Economic Development....Pages 67-87 Innovative Microfinance: Potential for Serving Rural Markets Sustainably....Pages 89-113 Busting Agro-Lending Myths and Back to Banking Basics: A Case Study of AccessBank’s Agricultural Lending....Pages 115-135 Front Matter....Pages 137-137 Where Is the Risk? Is Agricultural Banking Really More Difficult than Other Sectors?....Pages 139-165 The Potential of Structured Finance to Foster Agricultural Lending in Developing Countries....Pages 167-197 New Approaches to Agricultural Insurance in Developing Economies....Pages 199-217 Front Matter....Pages 219-219 Reaching the Client in Geographically Adverse Conditions: Can Outsourcing Increase Effectiveness and Efficiency?....Pages 221-251 Tameer Bank’s Experiences with Mobile Banking....Pages 253-262 Poverty-Sensitive Scorecards to Prioritize Lending and Grant Allocation with an Application in Central America....Pages 263-283 Back Matter....Pages 285-295 Pt. I. The big picture : Global trends affecting agricultural finance Global dynamics in agricultural and rural economy, and its effects on rural finance Food security and a holistic finance for rural markets Pt. II. Institutional and process innovations in serving rural clients Finance through food and commodity value chains in a globalized economy Agricultural growth corridors Innovative microfinance : Potential for serving rural markets sustainably Busting agro-lending myths and back to banking basics : A case study of AccessBank's agricultural lending Pt. III. Dealing with risks in agricultural finance Where is the risk? Is agricultural banking really more difficult than other sectors? The potential of structured finance to foster agricultural lending in developing countries New approaches to agricultural insurance in developing economies Pt. IV. Using modern technology for high-quality services in rural areas Reaching the client in geographically adverse conditions : Can outsourcing increase effectiveness and efficiency? Tameer Bank's experiences with mobile banking Poverty-sensitive scorecards to prioritize lending and grant allocation with an application in Central America Index.