Washington D.C., December 26th, 2022 – Koltiva joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
“When we started in 2012, we were in an exploratory phase for the first few years. Since 2016, we’ve been implementing our mission to build a global membership to support better SME financing. Since then, we’ve established a network with over 240 active member institutions, which operate in over 190 countries sharing the common purpose of helping under-served enterprises. We are delighted to welcome Koltiva to grow our mission further.” said Matthew Gamser, CEO of the SME Finance Forum.
Koltiva is a leading AgriTech company enabling inclusive, climate-smart, and traceable global supply chains. It combines triple-tech (Agritech, FinTech, and ClimaTech) with “boots on the ground” services to improve producers’ outcomes and profitability while building more sustainable supply chains.
"Hundreds of millions of smallholder producers have faced low remuneration for their hard work and prices for their produce, resulting in extreme poverty. While rural communities need financial services the most, they remain the largest unserved market for financial services. Providing financial inclusion in these areas can unlock the economic potential of rural regions, ultimately increasing household income and job opportunities”, said Manfred Borer, CEO of Koltiva.
He added, with a strong vision to be the world's leading tech company in building ethical, transparent, and sustainable supply chains, Koltiva helps 6,000+ enterprises to digitize and verify global supply chains. At the same time, its support 750,000+ smallholder producers to improve their farm productivity and increase annual income up to 4x higher."
Since 2013, Koltiva has accelerated the highest integrity and environmental responsibility to make global supply chains traceable, inclusive and climate smart. Its human-centered technology and ‘boots on the ground’ services are designed to work in harmony with nature instead of harming it. Koltiva is able to improve producer’s livelihood by providing access to climate-smart agriculture practices from our expert agronomists and business support teams, access to high-quality inputs, financial services, quality premiums, and access to a sustainable market.
"Access to finance can be a powerful tool to develop the rural economy. It is essentially important for smallholder producers and MSMEs (collectors, traders, agri-input shops) to have access to financial services such as credit, savings, and insurance to invest in their farm businesses. By joining the SME Finance Forum, we hope to expand our services to more unserved communities addressing the financial needs of rural communities." said Markus Sauter, Chief Financial Officer at Koltiva.
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative. The Forum operates a global membership network of +240 members that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list.
About Koltiva
Established in 2013, Koltiva is a leading agritech company for enterprises to make their global supply chains traceable, inclusive, and climate-smart, backed by our human-centered technology with boots on the ground professional service. Koltiva supports some of the largest multinational companies by digitizing and verifying global supply chains, focusing on enhancing traceability, inclusiveness, and sustainability. Koltiva combines triple-tech (AgriTech, FinTech, and ClimaTech) to improve producers’ outcomes and profitability while building more sustainable supply chains.
Press Contact: Vega Welingutami Media Relations & Partnership +62 878 7643 2821 Vega.welingutami@koltiva.com Website: https://www.koltiva.com LinkedIn: https://www.linkedin.com/company/pt-koltiva/
