Rural Prosperity Bond

80 Comments / Industry Updates / 3 minutes of reading

As the climate crisis worsens, 65% of Africa’s land is affected by degradation. Should no action be taken, this would lead to an estimated loss of PPP USD 4.6 trillion over 15 years up to 2030. Rural small and medium enterprises working on sustainable agriculture and forestry are crucial to land restoration and the rural economy.

However, because these enterprises are too small for commercial banks and too large for microfinance, they have relatively few sources of finance available to them. Consequently, they frequently lack the capital needed to grow their businesses and serve more farmers. These rural communities are already highly vulnerable to climate change and food insecurity, the latter being exacerbated by the current COVID-19 crisis.

The Rural Prosperity Bond (RPB) will provide loans to SMEs working in land restoration in Africa, South Asia and Latin America.

INNOVATION

The RPB will benefit from a unique partnership with World Resources Institute’s Land Accelerator. This is an entrepreneurship program that provides tailored capacity- building to restoration enterprises. Upon graduation from the accelerator, these SMEs will be able to apply for credit from the bond.

One key element is the use of discounted interest rates to incentivize SMEs to boost their social and environmental impact by working closely with smallholders. They will avail the discounted rate, by, for example, using the capital to connect farmers to markets, selling them agricultural inputs, or by purchasing produce from them.

IMPACT

In just six years, the Rural Prosperity Bond could mobilize around USD 70 million to supply almost 400 small-size loans to restoration SMEs operating in Africa, South Asia and Latin America. Through the restoration of about 100,000 hectares of land, the Bond has the potential to sequester 850,000t CO2.

This is achievable because the instrument could connect SMEs to more than 800,000 farmers, the majority of whom are women. With the COVID-19 pandemic, farmers are facing greater food insecurity, and rural unemployment is ramping up. By improving the yields of most farmers by at least 40%, and by supporting 18,000 rural jobs, the RPB can contribute to a green recovery.

DESIGN

The Land Accelerator was launched in 2018 by WRI and provides a four-month training program to selected SMEs active in sustainable agriculture and forestry. The curriculum is designed to build entrepreneurs’ technical and business capacity, as well as improve the management of their farmer network. This helps to reduce business risks and increase their bankability.

As SMEs graduate from the Land Accelerator, the Rural Prosperity Bond management team will evaluate each of them based on funding needs and expected risk. Those that qualify will be offered loans at interest rates that depend on the country and the use of loans. For example, enterprises committing to dedicate more than 50% of the loan for uses that directly support smallholders will benefit from a 2% discount in the interest rate compared to other SMEs in the same country.

80 thoughts on “Rural Prosperity Bond”

  2. maseczki z filtrem

    I’m extremely pleased to discover this website. I wanted to thank you for ones time just for this fantastic read!! I absolutely enjoyed every part of it and i also have you bookmarked to see new stuff in your site.

    Reply
  5. WebSites Center

    The way you write make it very easy to read. And the design you use, wow. Thats a really decent combination. And I am wondering what is the name of the design you use?

    Reply
  6. Yahoo Guide

    Concise and well crafted, appreciate the data. Would you care basically post some of this on my site basically incorporate a mention of the this website?

    Reply
  8. Domaining

    What i do not realize is actually how youre not really much more well-liked than you might be now. You are so intelligent. You realize thus considerably relating to this subject, made me personally consider it from so many varied angles. Its like men and women arent fascinated unless it’s one thing to do with Lady gaga! Your own stuffs outstanding. Always maintain it up!

    Reply
  11. Web Design

    But yeah Many thank you for taking the time to discuss this, I believe strongly about it and really like learning more on this topic. If possible, as you gain expertise, would you mind updating your web publication with more information? It is extremely helpful for me.

    Reply
  13. Pianino XMC

    Hello 😉 Thanks heaps for this indeed!… if anyone else has anything, it would be much appreciated. Great website Just wanted to say thanks and keep doing what you’re doing Thx & Regards!

    Reply
  16. Japan Directory

    Interesting point of view. Wondering what you think of its implication on society as a whole though? There are times when things like this begin to have global expansion and frustration. I will be back soon and follow up with a response.

    Reply
  17. meditation for migraines

    Thanks for your thoughts. One thing I’ve got noticed is the fact banks in addition to financial institutions know the spending habits of consumers and understand that most people max out their credit cards around the holidays. They wisely take advantage of this fact and start flooding your inbox and snail-mail box with hundreds of 0 APR credit card offers soon after the holiday season ends. Knowing that if you are like 98% of the American public, you’ll jump at the chance to consolidate credit card debt and transfer balances to 0 APR credit cards. aaaaaaa https://headachemedi.com – Headache pain meds

    Reply
  18. buy Headache pain drugs

    Thanks for your ideas. One thing I have noticed is always that banks and also financial institutions have in mind the spending behavior of consumers and also understand that a lot of people max away their own credit cards around the holiday seasons. They prudently take advantage of this kind of fact and begin flooding the inbox and also snail-mail box together with hundreds of Zero APR card offers immediately after the holiday season finishes. Knowing that in case you are like 98% of all American open public, you’ll hop at the opportunity to consolidate personal credit card debt and move balances for 0 interest rates credit cards. gffffhk https://headachemedi.com – Headache meds for sale

    Reply
  19. best Headache drugs

    Thanks for your suggestions. One thing I’ve noticed is the fact that banks as well as financial institutions really know the spending routines of consumers as well as understand that many people max away their own credit cards around the vacations. They sensibly take advantage of this particular fact and begin flooding your own inbox as well as snail-mail box along with hundreds of Zero APR credit card offers right after the holiday season finishes. Knowing that if you’re like 98% of all American open public, you’ll leap at the opportunity to consolidate credit debt and move balances to 0 annual percentage rates credit cards. eeeedgj https://headachemedi.com – best Headache drugs

    Reply
  20. buy thyroid medication

    Thanks for your suggestions. One thing I have noticed is that banks and financial institutions know the spending habits of consumers and understand that most people max out their credit cards around the holidays. They wisely take advantage of this fact and start flooding your inbox and snail-mail box with hundreds of 0 APR credit card offers soon after the holiday season ends. Knowing that if you are like 98% of the American public, you’ll jump at the chance to consolidate credit card debt and transfer balances to 0 APR credit cards. bbbbbba https://thyroidmedi.com – buy thyroid pain meds

    Reply
  21. thyroid medications for sale

    Thanks for your tips. One thing we have noticed is always that banks and also financial institutions have in mind the spending behavior of consumers and also understand that a lot of people max out there their own credit cards around the holiday seasons. They prudently take advantage of this kind of fact and begin flooding the inbox and also snail-mail box together with hundreds of Zero APR card offers immediately after the holiday season comes to an end. Knowing that in case you are like 98% of all American open public, you’ll hop at the possiblity to consolidate personal credit card debt and move balances for 0 interest rates credit cards. gggffhk https://thyroidmedi.com – thyroid medications for sale

    Reply
  22. list of common thyroid medications

    Thanks for your strategies. One thing really noticed is that often banks plus financial institutions know the dimensions and spending patterns of consumers plus understand that plenty of people max outside their cards around the trips. They correctly take advantage of this real fact and then start flooding a person’s inbox plus snail-mail box by using hundreds of no interest APR credit cards offers shortly when the holiday season closes. Knowing that when you are like 98% in the American general public, you’ll get at the one opportunity to consolidate financial debt and switch balances towards 0 rate credit cards. poonmpj https://thyroidmedi.com – best thyroid meds

    Reply
  23. best otc stomach meds

    Thanks for your thoughts. One thing I’ve got noticed is the fact banks in addition to financial institutions understand the spending behaviors of consumers and as well understand that the majority of people max outside their cards around the breaks. They smartly take advantage of that fact and then start flooding ones inbox in addition to snail-mail box having hundreds of no interest APR credit cards offers shortly after the holiday season closes. Knowing that for anyone who is like 98% in the American general public, you’ll soar at the one opportunity to consolidate consumer credit card debt and switch balances towards 0 interest rate credit cards. mmmlkno https://stomachmedi.com – best otc stomach meds

    Reply
  25. buy stomach pain drugs

    Thanks for your ideas. One thing I have noticed is that banks and financial institutions know the spending habits of consumers and understand that most people max out their credit cards around the holidays. They wisely take advantage of this fact and start flooding your inbox and snail-mail box with hundreds of 0 APR credit card offers soon after the holiday season ends. Knowing that if you are like 98% of the American public, you’ll jump at the chance to consolidate credit card debt and transfer balances to 0 APR credit cards. aaaaaaa https://stomachmedi.com – buy stomach pain drugs

    Reply
  26. best stomach medication

    Thanks for your suggestions. One thing I’ve noticed is the fact that banks as well as financial institutions really know the spending routines of consumers as well as understand that many people max away their own credit cards around the vacations. They sensibly take advantage of this particular fact and begin flooding your own inbox as well as snail-mail box along with hundreds of Zero APR credit card offers right after the holiday season finishes. Knowing that if you’re like 98% of all American open public, you’ll leap at the opportunity to consolidate credit debt and move balances to 0 annual percentage rates credit cards. feeeegj https://stomachmedi.com – best stomach medication

    Reply
  27. stomach pain drugs

    Thanks for your tips. One thing we have noticed is always that banks and also financial institutions have in mind the spending behavior of consumers and also understand that a lot of people max out there their own credit cards around the holiday seasons. They prudently take advantage of this kind of fact and begin flooding the inbox and also snail-mail box together with hundreds of Zero APR card offers immediately after the holiday season comes to an end. Knowing that in case you are like 98% of all American open public, you’ll hop at the possiblity to consolidate personal credit card debt and move balances for 0 interest rates credit cards. hgggfil https://pancreasmedi.com – stomach pain drugs

    Reply
  28. best stomach medication

    Thanks for your suggestions. One thing I’ve noticed is the fact that banks as well as financial institutions really know the spending routines of consumers as well as understand that many people max away their own credit cards around the vacations. They sensibly take advantage of this particular fact and begin flooding your own inbox as well as snail-mail box along with hundreds of Zero APR credit card offers right after the holiday season finishes. Knowing that if you’re like 98% of all American open public, you’ll leap at the opportunity to consolidate credit debt and move balances to 0 annual percentage rates credit cards. eeeeegj https://pancreasmedi.com – best stomach medication

    Reply
  29. stomach pain drugs

    Thanks for your ideas. One thing I have noticed is that banks and financial institutions know the spending habits of consumers and understand that most people max out their credit cards around the holidays. They wisely take advantage of this fact and start flooding your inbox and snail-mail box with hundreds of 0 APR credit card offers soon after the holiday season ends. Knowing that if you are like 98% of the American public, you’ll jump at the chance to consolidate credit card debt and transfer balances to 0 APR credit cards. afffehk https://pancreasmedi.com – stomach medications for sale

    Reply
  38. www.Filozofia.XMC.pl

    You own a incredibly exciting weblog covering lots of topics I am interested as well.Just bookmarked your internet site so I can read more in the next days Just continue your marvellous artice writing

    Reply
  40. www.USA.XMC.pl

    I was searching on line for some information since yesterday night and I ultimately found this! This is a cool website by the way, except it is a little bit off place from my i phone.

    Reply
  41. Japonia Szkolnictwo

    Hey! I could have sworn Ive been to this website before but after checking through some of the post I realized its new to me. Nonetheless, Im definitely happy I found it and Ill be bookmarking and checking back frequently!

    Reply
  42. Cukrzyca

    Excellent ideas throughout this post, personally Im gonna have to bookmark this and come back to it. Do you have any feedback on your most recent post though?

    Reply
  62. Lizing dla firm

    Good recieved blog post! mate no doubted liked looking at the wicked blog post! lots A really well constructed post. Thanks very a lot for posting this. Also, I wish to level out that youve a superb theme to your blog! Sustain the good work!

    Reply

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top