CFC is an inter-governmental financial organization that supports the projects in developing countries that are working to improve and diversify their production and trade of commodities. These projects aim to achieve poverty alleviation by developing the socioeconomic aspects of commodity producers and processors.
CFC’s projects favor commodity producers in the least-developed countries, although grants are given to groups based anywhere in the world.
Past CFC grants went to research organizations in the areas of agricultural and minerals sectors; government agencies for agriculture, forests, and fisheries; industry associations (e.g., for coffee, tea, sugar, cocoa, dairy, cotton, minerals, timber, etc.); and a few regional, national, and local foundations and NGOs. CFC also collaborates with some United Nations agencies.
Least-developed countries (e.g. Laos, Bangladesh, Afghanistan, Yemen, Chad, Comoros), but grants are awarded to agencies based in any countries.
US$120 thousand is the maximum grant for small projects. For regular projects, contribution ranges from US$1-2 million (not including counterpart financing and contributions from other sources).