MasterCard foundation fund for rural development in Africa countries
BUSINESS FINANCING JOBS FOOD PROCESSING NULL BUSINESS FINANCING JOBS FOOD PROCESSING TOGGLE NAVIGATIONMENU Agric Financing MasterCard Foundation: Fund for Rural Prosperity 2017 MASTERCARD FOUNDATION: FUND FOR RURAL PROSPERITY 2017 June 30, 2017 0 Comments 576 he MasterCard Foundation Fund for Rural Prosperity is a US$50 million challenge fund to extend financial services to people living in poverty. MasterCard Foundation aims to support ideas from institutions looking to deliver a financial service, product, or process to smallholder farmers in eligible African countries. Projects may be proposed by a single institution or by a partnership. However, the lead applicant must be a for-profit entity. Examples of applying institutions may include banks; insurance or leasing companies; agribusinesses; IT enterprises; and firms that facilitate increased access to financial services by persons currently excluded from them. Applications should request support of between US$250 thou...