{"id":24206,"date":"2025-05-14T16:56:52","date_gmt":"2025-05-14T14:56:52","guid":{"rendered":"https:\/\/www.gca-foundation.org\/?p=24206"},"modified":"2025-05-14T16:56:52","modified_gmt":"2025-05-14T14:56:52","slug":"le-programme-ssnup-soutient-visionfund-pour-les-petits-agriculteurs-au-senegal","status":"publish","type":"post","link":"https:\/\/www.gca-foundation.org\/en\/le-programme-ssnup-soutient-visionfund-pour-les-petits-agriculteurs-au-senegal\/","title":{"rendered":"SSNUP program supports VisionFund for small farmers in Senegal"},"content":{"rendered":"

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VISION FUND SENEGAL \u00a9Philippe Lissac\/GODONG for the Grameen Credit Agricole Foundation<\/p><\/div><\/span><\/p>\n

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The SSNUP program:<\/strong><\/p>\n

Coordinated by ADA, the SSNUP program aims to boost the productivity of smallholder farmers in Asia, Africa, and Latin America by improving risk management and developing sustainable agricultural value chains. Funded by Luxembourg, Switzerland, and Liechtenstein, the program aims to improve the living conditions and food security of more than 10 million smallholder farmers. The Grameen Cr\u00e9dit Agricole Foundation is one of the impact investors implementing the project.<\/p>\n

A high-impact agricultural project in Senegal:<\/strong><\/p>\n

Agriculture plays a key role in the Senegalese economy, accounting for approximately 75% of the workforce and contributing significantly to the country's economic growth. However, the sector remains heavily dependent on rain-fed agriculture, with only 5% of irrigated land, making it particularly vulnerable to the effects of climate change. Furthermore, only 20% of the country's adult population has access to the formal banking system, limiting smallholders' access to affordable financial solutions.<\/p>\n

Vision Fund Senegal, a microfinance institution created in 2016 by World Vision International, plays a crucial role in this context. With a loan portfolio of over \u20ac13.8 million as of September 2023, the institution serves 58,895 active borrowers, of whom 98 are women and 74 live in rural areas. Its agricultural portfolio, including livestock and crop activities, represents 88 of the total.<\/p>\n

A project to strengthen the financial skills of smallholders:<\/strong><\/p>\n

With support from the SSNUP program, Vision Fund Senegal will develop and implement a digital financial education training program specifically designed for agricultural households. This 18-month project, with a total budget of \u20ac40,000 (including \u20ac90 million funded by SSNUP), aims to:<\/p>\n