Surviving the COVID-19 Threat: Funding Innovations for Smallholder Farmers & MSMEs

Smallholder farmers and MSMEs in the Niger Delta encounter difficulty getting funds from financial institutions because of several factors. These factors include inappropriate financial products for the agricultural value chains; perceived low productivity and competitiveness in financing the sectors; and the perceived risk associated with agricultural financing.

PIND’s approach to improving access to funds for smallholder farmers and MSMEs entails developing new, inclusive financial models built around the peculiarities of the agricultural and agro-allied sectors. To qualify for the funds and loans from commercial banks, MFBs, and equity investors, we encouraged a crop of BSPs (business service providers) to support smallholder farmers and MSMEs.

Surviving the COVID-19 Threat: Micro, Small, Medium Enterprises) (MSMEs)

Our business linkages project assists micro, small, and medium enterprises (MSMEs) in the region to become more competitive, productive, and diversified in their markets. They will reap higher income (through increased sales and profits) and create new jobs for people (through access to quality business support services, markets, and funding).

Quarter 4 Progress Report 2020 – PIND Business Linkages Project

The MSME development and linkages project is a strategic initiative designed to help build relationships amongst actors in the micro, small, and medium enterprises (MSME) landscape to ensure optimal productivity and increased income for enterprises. It strengthens platforms that enable MSMEs to access quality business support services, market and funding opportunities which enable the enterprises…

2020 Progress Report – Business Linkages Project

There were lots of disruptions in the operating environment for small enterprises in the region due to COVID-19-induced restrictions and prevention protocols by different levels of government. This affected access to market, funding and training opportunities for small enterprises.   In response, PIND’s activities for the quarter focused on supporting the business service providers to…

SUCCESS STORY: Business Support Catapults Small Retailer into Major Distributorship.

Mrs Esonde Bakare is the owner of IceQueen Food and Beverages in Warri, Delta State, a major toilet tissue distributor for Belling Pegs and for other products. She calls herself a ‘Mompreneur’ as she has to combine her business with being a wife and mother of three children. Previously, she was just a small time retailer.

MSME Warri

PIND Final Report on MSME in Warri

The Warri area experienced a mass exodus of businesses following the ethnically charged Warri Crisis of the 1990s and the heightened security measures of oil companies. In recent years, the economy has revitalized with a noticeably vibrant informal sector, constant construction activities, and an increasing number of residents. Development of industries and commercial activities in…