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OPIC Loan Helps with Food Security in Rwanda

Monday, September 2nd, 2013

Forestry and Agricultural Investment Management, USA, LLC, (FAIM) receives loan from Overseas Private Investment Corporation (OPIC), the U.S.

Logo of the United States Overseas Private Inv...

Logo of the United States Overseas Private Investment Corporation (Photo credit: Wikipedia)

government’s development finance institution to further their efforts to help with food security in Rwanda.

Based in Kigali since 2010, FAIM grows virus-free plants such as banana varieties, passion fruit, tamarillos and pineapple. With the recent OPIC funding, the company will expand their operation with new tissue culture laboratories to further production of their mainstay plants as well as starting production on new plant varieties like potatoes and strawberry plants.

FAIM, CEO, Steven Jones, notes, “This program to help the African farmer was developed about 6 years ago by my wife, Cheryl and I, after a trip on a USDA Trade Missions to Madagascar and South Africa. There wasn’t anything that our nursery in Tennessee could offer these people that would make their lives better. So, we developed a program that would help to solve many of the problems that the African farmer is experiencing with their crops beginning with clean healthy plants. It took years of tweaking, locating the right social investors, being awarded a grant from AECF (African Enterprise Challenge Fund) to help get our project off to a good start, but, here we are now 3 years in Rwanda and growing once again with OPIC financing.”

According to Jones, the FAIM program began in Rwanda one of the most densely populated countries in Africa yet lacking in food security. The banana and pineapple production, alone, in Rwanda has seriously declined in the past few decades leaving the country to import much of the produce. Providing the Rwandan farmers with healthy plants, extension services and FAIM’s own Farm School, they now have the opportunity to successfully grow quality produce to sell in local markets as well as through other distribution networks.

Starter plants are now available for the current planting season. From small farmers to large farmers to government projects, FAIM has the plants to help. Contact their office in Kigali +250 78 838 6266 to purchase plants for food security.

FAIM grows plants for food security farming for farmers in Rwanda and other sub-Saharan African countries, Middle East and Asia.

FAIM USA and FAIM Africa

Growing Plants to Feed the World!

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