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    Macedonian Table Grape Companies Learn from Their South African Colleagues
    - the Fourth Largest Exporters of Table Grapes in the World

    On March 27, 2008, the USAID’s AgBiz Program unveiled its Agribusiness Finance Manual that outlines a range of alternative sources of financing and investment for Macedonian agribusinesses. With this Manual, USAID is helping Macedonian agribusinesses to become more competitive by improving their access to viable sources of finance. Thirty representatives from 25 companies that are current or potential AgBiz customers participated at the workshop. Ten excellent speakers discussed how Macedonian agribusiness companies can improve their access to finance and their financing costs. The Manual was provided to participating company representatives in either hard copy of CD format, the later having hot links to the website of many sources of agribusiness financing.

    The purpose of the Manual is to simplify agribusiness firms’ access to finance by providing a clear explanation of the range of financing products and services available in Macedonia. It is intended to better educate business owners on the types of financing most appropriate for their businesses, the expectations and perspective of lending institutions, and how to improve the chances of receiving financing on the best terms and conditions. Effective and efficient access to finance helps companies obtain the funds they need to become more competitive, grow their business and create jobs.

    “The great benefit of the Manual is that it serves as a one-stop resource that describes the full range of available agribusiness financing,” says AgBiz Chief of Party James Maxwell. “The first section introduces institutions that provide financial products and describes these products, and the second presents alternative forms of finance important for agribusinesses.”

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