Small Farmers Climate Adaptation Fund (SMAF) is managed by Add-Value Management, an impact fund and sustainable finance consulting company based in San Jose, Costa Rica. SMAF supports smallholder farmers in Latin America in becoming more resilient to the effects of climate change.
Through Initiative 20x20, SMAF plans to invest a total of $30 million by 2028 in the form of medium-term loans to around 20,000 smallholder farmers in seven Latin American countries: Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Ecuador, and Peru. SMAF also plans to invest $2 million in technical assistance to help those smallholder farmers introduce smart agriculture techniques and improve the resilience of their farms to climate change.
By adopting farming sustainably and restoring land, these smallholder farmers can increase the productivity of their farms and improve their livelihoods. SMAF will work through a group of rural microfinance institutions (MFIs), which are skilled at agricultural financing, and the fund is committed to expanding its activities.
SMAF incorporates a complete set of environmental, social, and governance practices compatible with standard international guidelines for impact funds. SMAF tackles seven out of the seventeen Sustainable Development Goals (SDGs) of the United Nations, as follows: 1) No poverty, 2) Zero hunger, 4) Quality of education, 5) Gender Equality, 8) Decent work and economic growth, 13) Climate Action, and 15) Life on land.
SMAF will work with Initiative 20x20 to:
- provide restoration investors with positive returns;
- improve the socio-economic conditions and climate resilience of smallholder farmers;
- restore the environment by encouraging sustainable agricultural techniques.
Country
Peru
Nicaragua
Honduras
Guatemala
El Salvador
Ecuador
Costa Rica
Small Farmers Climate Adaptation Fund (SMAF) is managed by Add-Value Management, an impact fund and sustainable finance consulting company based in San Jose, Costa Rica. SMAF supports smallholder farmers in Latin America in becoming more resilient to the effects of climate change.
Through Initiative 20x20, SMAF plans to invest a total of $30 million by 2028 in the form of medium-term loans to around 20,000 smallholder farmers in seven Latin American countries: Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Ecuador, and Peru. SMAF also plans to invest $2 million in technical assistance to help those smallholder farmers introduce smart agriculture techniques and improve the resilience of their farms to climate change.
By adopting farming sustainably and restoring land, these smallholder farmers can increase the productivity of their farms and improve their livelihoods. SMAF will work through a group of rural microfinance institutions (MFIs), which are skilled at agricultural financing, and the fund is committed to expanding its activities.
SMAF incorporates a complete set of environmental, social, and governance practices compatible with standard international guidelines for impact funds. SMAF tackles seven out of the seventeen Sustainable Development Goals (SDGs) of the United Nations, as follows: 1) No poverty, 2) Zero hunger, 4) Quality of education, 5) Gender Equality, 8) Decent work and economic growth, 13) Climate Action, and 15) Life on land.
SMAF will work with Initiative 20x20 to:
- provide restoration investors with positive returns;
- improve the socio-economic conditions and climate resilience of smallholder farmers;
- restore the environment by encouraging sustainable agricultural techniques.
Country
Peru
Nicaragua
Honduras
Guatemala
El Salvador
Ecuador
Costa Rica
