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There's a huge amount of corruption in some of these countries, but when you have traceability and transparency that's been pushed through consumer and shareholder pressure into global value-chains, it can act as an antidote to the corruption which may exist in the market.
— William Foote
Unknown.
"
We manage risk by lending into the value-chain where we are able to leverage the non-financial-assets of the corporation that's buying from these communities and agricultural businesses. By having off-take agreements, we have guaranteed demand for the underlying product and, therefore, bankable cash-flows.
— William Foote
Unknown.
"
We are unapologetically at the high-risk, low-return sweet-spot of agricultural finance. We choose to address geographies and sectors where there are real market failures or at least deep market imperfections.
— William Foote
Unknown.
"
If you look for the next Steve Jobs or Richard Branson in developing economies, however, their businesses rarely make it out of the garage as they are missing three critical factors. They lack financial capital, qualified employees plus the knowledge and access to financial markets- those three things stop those businesses enjoying the kinds of prosperity we do in the northern hemisphere.
— William Foote
Unknown.
"
We're working at the nexus of two pretty powerful forces which, when combined, can have a profound impact on reducing global poverty. First, agriculture.... You've got around 2.6 billion people in the world who survive on less than $2 per day, 75% of them are rural and agriculture is their primary economic activity.
— William Foote
Unknown.
"
The World Bank states that growth in agricultural sectors is twice as effective at reducing poverty than other sectors.
— William Foote
Unknown.
"
If you look for the next Steve Jobs or Richard Branson in developing economies, however, their businesses rarely make it out of the garage as they are missing three critical factors. They lack financial capital, qualified employees plus the knowledge and access to financial markets.
— William Foote
Unknown.
"
We are unapologetically at the high-risk, low-return sweet-spot of agricultural finance. We choose to address geographies and sectors where there are real market failures or at least deep market imperfections.
— William Foote
Unknown.
"
You've got around 2.6 billion people in the world who survive on less than $2 per day, 75% of them are rural and agriculture is their primary economic activity. Most are, however, mired in a form of subsistence farming that barely allows them to scrape-by.
— William Foote
Unknown.