Boulder Institute has just completed its 2015 training programs including the new Rural and Agricultural Finance Program!
This year’s new addition was the Rural and Agricultural Finance Program (RAFP) that aimed at addressing the financial needs in the rural sector.
The Boulder Institute carried out its annual MFT programs in English and French, as well as its inaugural Rural and Agricultural Finance Program (RAFP) from July 20th to August 7th in Turin, Italy. There were over 300 participants in the three programs combined from over 70 different countries.
This year’s innovation was the creation of a new training program, RAFP, that more deeply explored the knowledge that experts in agricultural finance have, with a global perspective on how to respond to the financial needs of this complex sector. The program was geared specifically towards professionals from this sector who require specialization in the techniques applied in the value chain and its financing for the production of food.
According to Robert Christen, president and founder of the Boulder Institute, “RAFP was designed to cover the main issues in the world of agriculture, some of them being: the agricultural market, its evolution, food security and financial opportunities”.
This program proposed solutions for the more marginalized populations; it sought to strengthen access to finance in rural areas because these regions, and all of their social economic levels, are often left behind. The goal was to introduce greater access to finances in these areas and reach a larger number of people with the lowest incomes.
“The RAFP was intended to serve one of the most forgotten populations in financial inclusion, due to the lack of bank presence, NGOs or other financial service institutions that cater to their specific needs”, emphasized Mr. Christen.
“Our courses about value chain and its financing helped participants identify each person and institution that acts as an intermediary between the farmer and the consumer.
It’s important to highlight that the agricultural sector has a large participation by women, which implies women have an important role in agriculture, and we are very interested in supporting them through this program”, concluded the president of The Boulder Institute.
The Boulder RAFP was highly specialized and positioned rural and agricultural finance in the most general context of financial inclusion with a duration of 105 academic hours for three weeks. This year it was only offered in English, however, for 2016 we hope to offer a Spanish version specially designed for Latin America and the Caribbean (LAC) region.
To address our interest in the LAC region, as usual, The Boulder Institute will participate in the Foro Interamericano de la Microempresa (Foromic) that will take place in Chile between October 26th and 28th, 2015, in which various activities are being planned.
Our institute has a long tradition of participating in this event, to which many of our alumni attend. We hope to see you there!