CSAF Lending

© Rabo Rural Fund

CSAF has been collecting lending data from our members since 2013. Over the period 2013-2022, CSAF members cumulatively lent $6.2B to 1,646 businesses that have supported 6.9M smallholder farmers.

CSAF member lending in 2021 is characterized by the following:

  • After contracting during the first year of the COVID-19 pandemic, CSAF lending rebounded in 2021 to set a high-water mark for the nine years in which CSAF has collected data.
  • In 2021, CSAF members disbursed $756M to 641 businesses across 59 countries.
  • Even as topline lending grew significantly, the total number of borrowers dipped slightly as COVID continued to restrict lenders’ travel as well as their risk appetite for serving new borrowers.
  • As a sector, additionality among CSAF members is high with the majority (76%) of borrowers in 2021 receiving financing from only one CSAF member.
  • Average loan size increased to its highest level over the past nine years, reaching $983K for existing borrowers and $760K for new borrowers.
  • The increase in disbursements in 2021 was mostly driven by larger loans.
  • Normalized portfolio quality continued to improve as CSAF members worked with more mature businesses at larger loan sizes, while write-offs on outstanding loans have remained high.

Learn more by reading our State of the Sector reports and visiting the CSAF Open Data Portal.

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If you are interested in becoming a member or affiliate and believe your organization meets the requirements, please contact us using the form.

CSAF also welcomes outreach from prospective partners and researchers, but please note that we have limited capacity to respond to all inquiries.