Call for Proposals: Common Funds for Commodities
The CFC ( Common Funds for Commodities) is inviting applications for support of commodity development activities in its member countries. Interested organizations are requested to submit their applications in the prescribed format.
All legal public and private entities are eligible to apply under this Call for Proposals, provided they:
- operate in commodity value chains or provide financial services to micro, small and medium sized businesses operating in these value chains,
- have a proven relevant track record of sound financial operations in their current and / or proposed activities over a period of at least 3 years, which can be documented by means of (audited) financial statements,
- share CFC’s values, including internationally recognized principles concerning human rights, labor, the environment and anti-corruption as reflected in the United Nations Global Compact, and
- do not fall under the exclusion criteria, as defined on CFC’s Exclusion list contained in Annex I.
The amount of finance requested from CFC should in general be up to 2 million USD, but should not exceed 50% of the total amount required to execute the project. The balancing amount of co-financing is to be provided by the applicant and/or by other co-financiers.
The CFC provides primarily loan financing support in the following areas:
- Working capital and trade finance
- Financing of capital expenditures
- Development impact related finance in form of development impact bonds
Besides generating a viable financial return, eligible activities should also deliver a measurable social
and environmental impact.
To apply, please download and complete the application form according to instructions. Applications are to be made in English only as the CFC cannot provide for translation of proposals submitted in other languages. Please avoid to send incomplete proposals, missing the relevant representations as to the information required, as formulated in the next session.
For all information, documents and application: http://www.common-fund.org/call-for-proposals/
