Provide lending directly to producer businesses
Our main strategic aim is to reach people in disadvantaged communities with 60% of all our payments made directly to smallholder farmers and handcraft makers.
We are also meeting our strategy to reach small and disadvantaged producers, with 47% of our lending going to organisations with a turnover of below £500,000. We continue to balance this strategy with the risk factors involved in lending to certain countries. Although we have a large number of producer organisations based in “Category A” countries such as Peru; the producers we reach here are typically living in disadvantaged rural communities, with limited access to the country’s infrastructure.
Overall we impacted over 361,000 individuals which was 46% increase on the year before.