Cross-Sector Partnerships

December 28, 2016

 

 

Innovative cross-sector partnerships are essential to building scalable and sustainable impact.  We are especially proud this year of the Maragra project in Mozambique that brings together the European Union (EU), a leading financial institution and government of Mozambique, as well as Shared Interest and its field partner, Thembani.   This recently issued guarantee is a prominent example of the significant impact of your investment dollars.  Maragra Smallholder Sugarcane Development Project (Maragra) works with a cooperative comprised of thirty agricultural associations in and around the Manhiça community, about 80km north of Maputo, Mozambique.  Shared Interest's $3mm guarantee unlocked a $4mm loan from Standard Bank Mozambique and was coupled with an earlier $2.7mm grant from the European Union. This groundbreaking collaboration benefits 2,500 farmers - more than half of them women - from five communities, and will create a projected 20,000 jobs in the area. It will improve the lives of vulnerable rural farmers by enhancing their families' and communities' opportunities, sustainability, and ability to attract local investment.

 

 

 

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