Improving the lives of poor farmers with a few hundred euros
- Sustainability
An estimated 500 million smallholder farmers across the globe struggle to make ends meet. ABN AMRO has made 50 million euros available for microcredit facilities. “It takes just a few hundred euros to help these farmers escape poverty,” colleague Emilie says.
Four years ago, ABN AMRO launched Impact Banking: providing microcredit (through its clients) to smallholder farmers in developing countries. With these funds, smallholder farmers can afford investments in things like higher quality crops to improve their production – boosting their standard of living. The farmers also receive training about modern agricultural techniques and sustainable farming.
Emilie Ottervanger is a co-founder of Impact Banking. In the video, she explains how she gives smallholder coffee and cocoa farmers a chance for a better future.
Viewing time: 1 minute 34 second
Frontrunner Emilie
Read more about Impact Banking here.
ABN AMRO wants to improve people’s living conditions. In our Human Rights Statement we explain what we expect of the clients and businesses we work with. One of our aspirations in doing so is to enable smallholder farmers to earn a living wage.