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Inventory credit, a system to improve food security in sub-Saharan Africa

Le Cotty Tristan, Maître d'Hôtel Elodie, Porgo Issoufou, Subervie Julie, Soubeyran Raphaël. 2023. Inventory credit, a system to improve food security in sub-Saharan Africa. Perspective (61) : 1-4.

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Résumé : Inventory credit is being developed in several Sahelian countries. This device is implemented by a farmers' organisation and a financial institution. It consists in storing a portion of harvested grain in a warehouse for several months in exchange for an individual loan. Without this loan, farmers tend to sell their grain immediately after harvesting in order to pay off their debts or to meet their needs. The consequence is that families subsequently struggle to get through the lean season – the transition period between the depletion of food stocks and the new harvest – and to invest in their agricultural production systems. An impact assessment study conducted in western Burkina Faso shows that inventory credit increases food availability in the lean season and boosts agricultural investment and production. To accelerate its development, three conditions must be met: providing access to suitable storage facilities; ensuring the quality of products stored; and building trust between financial institutions, producers' organisations and traders. The latter condition is undermined by the expansion of armed conflicts in the Sahel.

Mots-clés Agrovoc : crédit agricole, organisation paysanne, sécurité alimentaire, institution financière, économie agricole, développement agricole, production alimentaire, disponibilité alimentaire, document d'orientation

Mots-clés géographiques Agrovoc : Afrique au sud du Sahara, Sahel, Burkina Faso

Mots-clés libres : Inventory credit, Impact, Agriculture, Grain, Rural development, Market, Financial institution, Producers' organisation, Agricultural economy, Agricultural credit, Food Security, Crop storage, Sustainable livelihoods, Agricultural bank, Microfinance, Africa, Sub-Saharan Africa, Burkina Faso, Sahel

Classification Agris : E13 - Investissements, financement et crédit
E10 - Économie et politique agricoles

Champ stratégique Cirad : CTS 3 (2019-) - Systèmes alimentaires

Agences de financement européennes : Directorate-General for Development and Cooperation - EuropeAid

Programme de financement européen : FP7

Projets sur financement : (EU) Farm Risk Management for Africa

Auteurs et affiliations

  • Le Cotty Tristan, CIRAD-ES-UMR CIRED (FRA) - auteur correspondant
  • Maître d'Hôtel Elodie, CIRAD-ES-UMR MOISA (FRA)
  • Porgo Issoufou, CPF (BFA)
  • Subervie Julie, INRAE (FRA)
  • Soubeyran Raphaël, INRAE (FRA)

Autres liens de la publication

Source : Cirad-Agritrop (https://agritrop.cirad.fr/604635/)

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