UA Magazine no. 9 - Financing Urban Agriculture

Dear Readers

Many of the increasing group of urban dwellers living around the poverty line are (informal) micro-entrepreneurs, involved in a diversity of activities such as shop-keeping, waste collection and recycling, trading, transport and farming. These entrepreneurs require access to working capital for the maintenance of their investment and for its potential expansion. Urban agriculture is increasingly recognised as a vehicle for the development of more productive, sustainable and inclusive or democratic cities, but most of these urban agricultural producers face limited access to credit and investment schemes.
Financing Urban Agriculture was announced already early 2002 as an forthcoming theme for the UA-Magazine. In 2002, UN Habitat, through its Urban Economy and Finance Branch (at Headquarters in Nairobi) and its Urban Management Programme for Latin America and the Caribbean (UMP-LAC), together with the IDRC (International Development Research Centre, Canada) supported an initiative of documenting and analysing several case studies on credit and investment for urban agriculture. This initiative was further supported with additional cases by RUAF. Some of these cases are described in the UA Magazine no. 7 of the UA Magazine (e.g. the Kenya and Harare cases). 
 

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