DFCD facility

Project name

Project country

Short description

Amount of investment/grant

LUF/DFCD Aya - FMO

MSB

Vietnam

In January 2025, LUF closed a $30 million facility with Vietnam Maritime Commercial Joint Stock Bank (MSB) as part of an overall $80 million financing package. The investment aims to expand access to finance for SMEs, micro-SMEs, and women-led businesses in rural, climate-smart, and agricultural sectors. DFCD’s concessional capital plays a catalytic role by de-risking green investments and mobilizing additional private capital. Technical assistance, executed by SNV, supports MSB in developing gender-sensitive lending products, strengthening environmental and social risk management, and scaling sustainable practices. This transaction contributes to Vietnam’s climate adaptation goals and aligns with DFCD’s mandate to promote inclusive growth and climate resilience in vulnerable regions such as the Mekong Delta.

$30 million debt

LUF/DFCD Aya - FMO

Phuc Sinh

Vietnam

Phuc Sinh is a leading exporter of Rainforest Alliance-certified coffee and pepper in Vietnam. The investment includes a$12 million DFCD Land Use Facility term loan for constructing a new coffee processing factory in Dak Nong and $3 million from Building Prospects (another program managed by FMO) for working capital. This transaction aims to scale climate-resilient, deforestation-free coffee production in Vietnam’s vulnerable coffee-growing regions. Over the next three years, Phuc Sinh will nearly double Rainforest Alliance-certified cultivation to over 7,000 hectares, benefiting 10,000 individuals—including 3,800 from vulnerable groups—and avoiding 3,825 tonnes of CO₂e emissions annually. DFCD’s concessional capital de-risks the project, complemented by SNV’s technical assistance grant of €370,000 to strengthen ESG practices and farmer training.

$12 million debt

LUF/DFCD Aya - FMO

Miro

Ghana. Sierra Leone

Miro is one of the largest forestry plantation companies in West Africa, with currently 10,000 ha planted. Miro develops and manages high quality, cost-competitive, FSC certified, fast growing industrial timber species (mainly: eucalyptus/acacia) and is in the process of setting up the respective downstream production facilities and market entries to capture the maximum value of the wood grown.

$1 million equity

LUF/DFCD Aya - FMO

GH2

Pakistan

In 2025, LUF committed $5 million to GH2 Industries in Pakistan as part of a blended finance structure alongside Building Prospects (another program managed by FMO). The investment supports the construction of a greenfield agri-based manufacturing facility in Sindh, designed with “Zero Liquid Discharge” technology and biomass-based cogeneration, resulting in net-negative GHG emissions. The project strengthens climate resilience in Pakistan’s rice value chain, which faces severe flooding and drought risks, by promoting climate-smart agriculture and circular production models. GH2 is expected to generate $18 million in annual export revenues, substitute $4 million in imports, and create significant rural employment. DFCD’s concessional capital de-risks this innovative project, enabling future commercial participation and scaling sustainable practices across the supply chain.

$5 million debt

LUF/DFCD Aya - FMO

Hivos Triodos Fonds

Global

In 2025, LUF committed $20 million to the junior tranche of Stichting Hivos-Triodos Fonds—a facility managed by Triodos Investment Management—targeted at sustainable agriculture, rural development, and climate projects across Africa (~60%) and Asia (~40%). This investment is strategically important for DFCD because HTF can finance smaller ticket sizes (≈ $0.5–5 million) that typically fall below FMO’s threshold, creating crucial absorption capacity for the growing pipeline of early-stage, de-risked projects originated by SNV and WWF under the DFCD Origination Facility. By adding a mission-aligned third‑party investor to the DFCD ecosystem, the facility accelerates graduation of OF projects into scalable finance, ensuring that more SNV/WWF-sourced opportunities can proceed to implementation without bottlenecks in ticket size or instrument fit.

$20 million debt

LUF/DFCD Aya - FMO

FNB

Zambia

LUF supported First National Bank Zambia (FNBZ) with a blended finance structure aimed at accelerating climate-smart agriculture and resilience in Zambia. Through a $40 million Senior Term Loan, co-financed by FMO and DFCD, FNBZ is expanding its portfolio to serve SMEs and agribusinesses with sustainable solutions such as conservation agriculture, irrigation, agroforestry, and renewable energy. The DFCD tranche of $10 million, complemented by a €350,000 Origination Facility grant delivered via WWF, strengthens FNBZ’s institutional capacity and enables the development of a Climate-Smart Agriculture investment framework and digital monitoring tools. This transaction addresses Zambia’s critical need for long-term USD funding following the sovereign default and recent drought, while catalyzing private capital and aligning with EU Global Gateway objectives for inclusive green growth.

$10 million debt

OF - SNV

Forest Carbon II

Indonesia

Forest Carbon PTE Ltd., a prominent environmental asset manager in Southeast Asia, is proposing the Forest and Biodiversity Bond project, focusing on Indonesia with potential activities in the Philippines, Cambodia, and Bhutan. The project aims to secure and manage one million hectares of forests and wetlands, addressing deforestation and biodiversity loss while promoting climate resilience. With a total financing of €429,000 from the DFCD Origination Facility, key activities include designing an investment-grade green bond, developing a legal framework, and enhancing environmental and social management systems. This initiative seeks to unlock large-scale investments in forest conservation and restoration, benefiting local communities and ecosystems.

€492.000 grant

OF-SNV

EA Foods

Tanzania

EA Foods Ltd (EAF), a tech-enabled aggregator and distributor of fresh produce in East Africa, seeks €355,000 from the DFCD Origination Facility to enhance its operations across Tanzania, Kenya, and Uganda. Founded in 2013, EAF connects over 8,000 smallholder farmers to urban markets, achieving a 73% CAGR and $14.3 million in revenue in 2023. The funding will support regional expansion, technology upgrades, and pilot projects in rice and maize, aiming to reduce post-harvest losses from 40% to 5% and avoid 645,000 tons of CO₂ emissions over five years. EAF's initiatives promote climate resilience, empower farmers, and foster sustainable food systems.

€355.000 grant

OF-SNV

Sterling Bank

Nigeria

Sterling Bank Limited, a leading Nigerian commercial bank, is enhancing climate adaptation finance for agribusinesses through a €321,000 grant from the DFCD Origination Facility. The project aims to develop a climate adaptation finance framework, improve climate risk assessment tools, and establish a Climate Finance Desk to support smallholder farmers and MSMEs in adopting climate-resilient practices. By integrating ESG factors into its lending framework, the initiative seeks to de-risk agribusiness investments, making them more appealing to institutional investors. The project aligns with Sterling Bank's strategy to increase its agriculture lending portfolio and support sustainable agricultural practices across Nigeria.

€321.000 grant

OF - SNV

Muktinath Krishi Company

Nepal

Muktinath Krishi Company Ltd. (MKCL), a publicly listed agribusiness in Nepal, aims to enhance sustainable food production and distribution through a €376,125 grant from the DFCD Origination Facility. Established in 2018, MKCL supports over 300,000 smallholder farmers via Agricultural Resource Centers (ARCs). The funding will strengthen supply chains, improve processing capabilities, and develop distribution networks, focusing on climate-smart agriculture and food security. Key activities include infrastructure development, mobile app enhancements, R&D for agricultural inputs, and creating a Gender Equality and Social Inclusion action plan. This project addresses climate challenges and promotes economic opportunities for farmers.

€376.125 grant

OF - SNV

Solar Green Energy

Cambodia

Solar Green Energy (Cambodia) Co., Ltd. (SOGE) is seeking a €370,000 grant from the DFCD Origination Facility to enhance its solar-powered irrigation services across Cambodia. Founded in 2014, SOGE aims to support over 10,000 farming households by developing 18 solar irrigation schemes covering 18,250 hectares. The project addresses critical irrigation needs, enhances climate resilience, and promotes sustainable agricultural practices. Key activities include feasibility assessments, regulatory evaluations, and strengthening financial systems to ensure investment readiness for a planned $13 million expansion by 2028.

€370.000 grant

OF - SNV

Nile Fresh Produce

Uganda

Nile Fresh Produce International Ltd. (NFP) is a Ugandan agribusiness focused on supporting smallholder farmers through climate-smart production of grains and oilseeds. With a total financing of €449,199 from the DFCD Origination Facility, NFP aims to enhance its business systems and expand investment readiness. The project addresses food insecurity exacerbated by climate change by providing access to drought-resistant seeds, mechanization services, and agronomic training. NFP plans to onboard 400,000 additional farmers, improve yields by 50%, and create over 350 jobs, ultimately targeting 5 million farmers by 2030.

€449.199 grant

OF - SNV

Husk Ventures

Vietnam

HUSK CBF PTE LTD is an agri-tech company founded in Cambodia in 2019, now expanding into Vietnam, focused on producing biochar-based fertilizers from agricultural waste, particularly rice husks. Their mission is to enhance soil health and support smallholder farmers in adopting climate-resilient practices. The DFCD Origination Facility is providing a €133,294 grant to help HUSK scale operations in Vietnam, addressing soil fertility issues exacerbated by climate change. The funding will support field trials, partnerships for feedstock supply, market adoption pilots, and the implementation of environmental and social management systems, aiming to impact 125,000 hectares and improve livelihoods for approximately 390,000 people by 2030.

€133.294 grant

OF - SNV

Sabaki Water Supply

Kenya

The Sabaki Water Company Ltd, established in 2024, aims to implement a climate-resilient water and sanitation project in Kenya's coastal region, providing 80 million liters of potable water and treating 35 million liters of wastewater daily for nearly two million people. This initiative, the first water supply PPP concession in Kenya, addresses severe water scarcity and inadequate sanitation exacerbated by climate change. Funded by a €461,000 grant from the Origination Facility, the project will conduct essential Environmental and Social Impact Assessments (ESIA) to ensure compliance with IFC standards and enhance community engagement, ultimately improving public health and climate resilience.

€461.000 grant

OF - WWF

ALSEC

Colombia

ALSEC develops high‑quality food ingredients and upcycles dairy by‑products such as whey into valuable protein products. DFCD supports ALSEC through WWF-NL with a €246,400 Origination Facility grant, strengthening farmer capacity, impact monitoring, and investment readiness.

€246.400 grant

OF - WWF

Madecasse LLC

Madagascar

Beyond Good produces traceable, farmer‑direct chocolate and vanilla in Madagascar and Uganda, using agroforestry systems that protect biodiversity. DFCD supports the company with a €196,000 Origination Facility grant to strengthen climate‑smart agroforestry, prepare supply chains for scale, and refine its business expansion strategy.

€196.181 grant

OF - WWF

Bred Madagaskira Banque Populaire

Madagascar

Bred Madagasikara (formerly Société Générale Madagasikara) is a major commercial bank expanding sustainable finance in Madagascar, including a first‑of‑its‑kind sustainability bond supporting renewable energy, SMEs, and microfinance. DFCD supports the bank with a €177,000 Origination Facility grant to strengthen ESG capacity and develop a green lending pipeline.

€177.000 grant

OF - WWF

Sanivation Ltd

Kenya

Sanivation transforms untreated human waste into clean‑burning biomass briquettes, offering a circular sanitation and low‑carbon fuel solution in Kenya. DFCD, through WWF‑Kenya, supports Sanivation with a €225,000 grant to scale waste‑to‑energy operations, strengthen ESG capacity, expand partnerships, and enhance climate and public‑health benefits.

€225.000 grant

OF - WWF

VNSE Holdings

Vietnam

Vinasamex is a major Vietnamese producer of organic cinnamon, star anise and other spices, partnering with over 3,000 smallholder households across 6,000 ha. DFCD supports the company with a €284,400 grant, helping improve sustainable farming practices, biodiversity outcomes, climate resilience and readiness for a new processing facility.

€284.400 grant

OF - WWF

Kentegra Biotechnology Ltd

Kenya

Kentegra works with thousands of Kenyan smallholders to cultivate pyrethrum for natural pesticide production, strengthening climate‑resilient livelihoods and biodiversity‑friendly pest control. DFCD supports Kentegra with a €230,000 grant to expand processing capacity, strengthen gender‑inclusive farmer engagement, and enhance climate‑smart agricultural practices.

€230.000 grant

OF - WWF

Xanh Ngoc Net Zero

Vietnam

STP is a leading Vietnamese producer of HDPE aquaculture equipment and a pioneer in sustainable marine‑farming systems. DFCD supports STP with a €256,100 grant to develop a first‑of‑its‑kind 150‑hectare sustainable seaweed farm, improving marine biodiversity, climate resilience, and coastal livelihoods in North Vietnam.

€256.100 grant

OF - WWF

Sustainable Investment Management Ltd

Brazil

Sustainable Investment Management (SIM) manages the Responsible Commodities Facility, promoting deforestation‑ and conversion‑free soy production in Brazil’s Cerrado through low‑cost green credit lines. DFCD supports SIM with a €206,900 grant to strengthen the RCF programme, including regenerative agriculture incentives, traceability upgrades, and social‑safeguard improvements.

€206.900 grant