What does ARAF mean in FUNDS
The Acumen Resilient Agriculture Fund (ARAF) is an initiative launched by Acumen to help support smallholder farmers in developing countries who are facing increasingly challenging environmental conditions. By investing in seed, crop protection and mechanization solutions, ARAF aims to create opportunities for resilient agro-entrepreneurs and increase the food security of communities around the world.
ARAF meaning in Funds in Business
ARAF mostly used in an acronym Funds in Category Business that means Acumen Resilient Agriculture Fund
Shorthand: ARAF,
Full Form: Acumen Resilient Agriculture Fund
For more information of "Acumen Resilient Agriculture Fund", see the section below.
Essential Questions and Answers on Acumen Resilient Agriculture Fund in "BUSINESS»FUNDS"
What is Acumen Resilient Agriculture Fund?
The Acumen Resilient Agriculture Fund is an investment fund that supports and invests in smallholder farmers in developing countries, providing them with access to finance, technology, and market linkages. This helps to increase their productivity and profitability while also building their resilience to climate change and other environmental shocks.
What countries are included in the Acumen Resilient Agriculture Fund?
The fund currently operates across East Africa, South Asia and Latin America. Specifically, it includes countries such as Kenya, Tanzania, India, Bangladesh, Uganda and Haiti.
How large is the Acumen Resilient Agriculture Fund?
The fund currently has $100 million available for investments.
How does the Acumen Resilient Agriculture Fund support smallholder farmers?
The fund provides access to financial capital that can be used by smallholder farmers for investments such as improved crop varieties, irrigation systems or agricultural inputs. It also facilitates access to technology, market linkages or training programs that help them become more efficient and profitable.
Where does the money for the Acumen Resilient Agriculture Fund come from?
The fund is supported by philanthropic donations from individuals and organizations committed to making a positive impact on global food security. It also receives loans from public sector organizations such as development finance institutions (DFIs) or private sector institutions such as banks or credit unions.
Who can benefit from investments made through the Acumen Resilient Agriculture Fund?
Investments through the fund will benefit smallholder farmers in developing countries who are struggling with poverty or food insecurity due to environmental shocks or limited access to resources. These include subsistence farmers living in remote areas without adequate economic opportunities or access to markets.
How do I apply for funding from the Acumen Resilient Agriculture Fund?
Interested applicants can submit an application via email to [email protected] which must include a detailed business plan outlining how you plan to use the funds provided by ARAF. Applications will then be reviewed by a committee of experts who will decide whether your application is suitable for consideration based on ARAF's goals and criteria for selection of projects/investments.
How long does it take to receive funding from ARAF after submitting an application?
After submitting an application it typically takes 6-8 weeks before an applicant will receive feedback about their proposed project/investment opportunity. If approved, applicants may receive funding within 4-6 months after submission of application if all conditions are met correctly.
Final Words:
In summary, the Acumen Resilient Agriculture Fund provides a much-needed source of funding for smallholder farmers in developing countries striving towards a more sustainable future. Through its investments in seed technologies and mechanization solutions, ARAF is supporting these farmers as they seek better opportunities and improved food security for their families and communities. With its commitment to creating economic opportunities through agriculture and addressing climate change, ARAF is helping farmers become more resilient against a changing environment.
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