The Working Group on Availability and Access to Capital: AACC’s WG in this area has been active on and off since the fall of ’07, and is especially well-constituted with Enterprise Fund/revolving Trust Fund veterans, with the Chairman recently elected to our AACC Board, with participation of leading Afghan businesspeople and including organizations like FSVC and others. It has produced a Concept Paper, recently submitted to Amb. Holbrooke, that deals with professionally deployed, publically-generated risk capital premiums provided to worthy enterprises by taking equity positions, or financing promising SMEs at the functional level of commitment. This WG is also developing a plan to create regional Ag development banks that can begin to provide farmers with at least some of the same benefits for their preferably value-added crops that are currently provided by the drug trade – seeds, money for growing the crops and guarantee of purchase at harvest time.
Coordinator: Mr. Francis Skrobiszewski, Member of AACC's Board of Directors
Last Updated (Tuesday, 05 February 2013 15:02)