CFC Invites Proposals for Funding to Support Small and Medium Agri-Businesses

MV+ News Desk | March 16, 2025
Photo: Agro Nat

The Common Fund for Commodities (CFC) has opened proposal submissions to provide funding for small and medium agricultural businesses.

In an announcement by the Ministry of Agriculture and Animal Welfare, they encourage Maldivian agricultural business owners to send in their applications before April 1. The funding for CFC projects is through loans for capital expenditures, working capital, or trade finance. The funding aims to enhance productivity and upgrade value chains involving smallholders and SMEs. CFC requires applications to demonstrate operational and financial viability while ensuring economic, social, and environmental sustainability.  

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Established in 1989 under the United Nations framework, CFC operates as an autonomous intergovernmental financial institution. Its mission is to unlock the potential of commodity production, processing, manufacturing, and trade to benefit low-income communities.  

Details regarding the project and application process are available on the CFC website. Interested applicants should send in their proposals to opencall@common-fund.org.

Additionally, CFC encourages women entrepreneurs to apply, emphasising that their success is key to achieving inclusive and sustainable growth in the commodity sector. The organisation remains committed to supporting digital and green transitions, fostering resilient and equitable commodity systems for both producers and consumers. 

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