A credit facility that EDF offers to commodity traders and farmers in partnership with commodity exchange platforms.
With our WRF, a farmer that deposits their commodity on an exchange platform can access a loan of up to 70% of the value upon presentation of their deposit receipt. This offers traders and farmers an opportunity to access short term finance while they wait to sell their commodities at good prices.
The minimum amount that can be applied for is 1 million Malawi kwacha and the funds can be accessed within 72 hours after application.
The commodities that Export Development Fund supports under this product are export legumes and oil seeds.