Small and medium-sized farms in Romania often have strained economic performance. This video case study shows how the EAFRD Risk Sharing Loan financial instrument plays a key role to facilitate access to finance for farmers in Romania, stimulating growth and job creation in the sector.
Spirulina is a micro algae that contains hundreds of nutrients, making it the “food of the future”, according to FAO. The Paulitti family started producing the algae using green energy from solar panels and a wood chip boiler using agricultural waste. Thanks to an EAFRD loan they were able to repurpose some old greenhouses and develop a lab for the processing of the algae.
Set-up with EUR 93 million from the Friuli Venezia Giulia’s Rural Development Programme and regional resources, this EAFRD Loan Fund has helped hundreds of farmers in the region to improve production processes and become more competitive.
Aurélien, Rémi, Julien and Marie could develop their agricultural businesses thanks to the EAFRD financial instruments. The Alter'NA guarantee fund, set up with EUR 36 million from Nouvelle-Aquitaine regional funds, the European Agricultural Fund for Rural Development (EAFRD), and the European Fund for Strategic Investments (EFSI, Juncker Plan), has already helped hundreds of farmers in the Nouvelle-Aquitaine region to implement sustainable agriculture projects.
Read the case study: Alter’NA EAFRD Guarantee Instrument 2014-2020 Nouvelle-Aquitaine, France
