The consulting arm of Indian development bank National Bank for Agriculture and Rural Development (NABARD), NABARD Consultancy Services (NABCONS), recently announced a training visit to India for African delegates entitled “India-Africa Agrifinance Confluence”. Based on the idea that agricultural finance must be given higher priority to address the issue of food security in Africa, NABCONS seeks to bring together policy makers, practitioners and other stakeholders in the sector to exchange views and experiences. The trip, which is scheduled for October 17-21, 2011, gives delegates from Africa an opportunity to learn from India’s agriculture and rural financing approach, which, according to NABCONS, results in the distribution of USD 100 billion in agricultural loans each year.
NABCONS provides consultancy and advisory services to facilitate the development of agriculture and the rural sector in India and the developing world. It also organizes training programs that cover areas such as project planning, monitoring, evaluation and risk management.
For more information, you may visit: http://www.nabcons.com/downloads/AfricaAgrifinance.pdf
By Kristha Abores, Research Associate
About NABARD Consultancy Services:
NABARD Consultancy Services (NABCONS) is a wholly owned subsidiary of National Bank for Agriculture and Rural Development (NABARD), a development bank in India that formulates the credit and banking policy for the rural sector. It provides consultancy and advisory services to facilitate the development of agriculture and the rural sector in India and the developing world. Headquartered in Mumbai, India, it has multiple branches in the country as well as an office in Nairobi, Kenya.
Sources and Additional Resources:
[1] NABCONS: “India-Africa Agrifinance Confluence”, http://www.nabcons.com/downloads/AfricaAgrifinance.pdf
MicroCapital.org article, November 6, 2008, “MICROCAPITAL STORY: India’s NABARD Announces New Strategy to Apparently Further Complicate Its Conflict of Interest in Microfinance”, https://www.microcapital.org/microcapital-story-indias-nabard-announces-new-strategy-to-apparently-further-complicate-its-conflict-of-interest-in-microfinance/
MicroCapital Universe Profile: NABCONS, https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=NABCONS
Browse the MicroCapital Universe and add your entry to the wiki at: https://www.microcapital.org/microfinanceuniverse/
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