Agriculture Value Chain Competitiveness and Safety Enhancement (ACSEP) Guarantee Scheme

The ACSEP Guarantee Scheme is developed to support and provide financial access to agribusiness enterprises, agricultural cooperatives & their members, and individual farmers (native chicken) under the ACSEP Project.

ACSEP Guarantee Scheme Feature

Eligible Borrowers

To be eligible for the ACSEP Guarantee Scheme, the Borrower must meet the following requirements:

The borrower shall be:
a) member of the registered agricultural cooperative or farmer group growing selected agriculture product(s) in selected project provinces or
b) Native chicken growers in the selected project provinces.
Ownership:
a) a sole proprietorship, the proprietor should be Cambodian
b) a cooperative society, all members of the society should be Cambodian
c) a partnership, all partners should be Cambodian
d) a company, all shareholders should be Cambodian.
Financial Viability: the borrower shall be financially viable based on the due diligence undertaken by PFls in accordance with the PFl's relevant policies and procedures.
Project Participation:
a) Committed to increase sourcing of raw materials from participating agricultural cooperatives
b) improving food safety and environmental sustainability
c) Promoting gender participation based on the gender action plan
d) participating in training and activities relevant to (ii) and (iii) organized by ACSEP.
Activities: The borrower is (or shall be) engaged in eligible activity/activities.
Environmental and Social Management (ESMS): this is a system for PFls to screen, assess, and manage the environmental-social impacts of their sub projects under the project.
Business Registration:
a) Agribusiness: The borrower shall have a certificate of business registration issued by an appropriate government authority but accept micro-enterprises as they have been encouraged by the government.
b) Agriculture Cooperative & Member:
• Agriculture Cooperative: The borrower should have a certificate of agriculture cooperative registration issued by an appropriate government authority and be located in the selected project provinces.
• Agriculture Cooperative's member: The borrower should:
> Have a copy of the certificate of agriculture cooperative registration with the respective provincial department of agriculture.
> Show the member list that is endorsed by the agri-cooperative.
c) Individual Farmer (Native Chicken): There is no registration requirement as long as the farmer is in the selective province in the ACSEP project.
Other criteria and conditions that are required by ACSEP.

Eligible Activities

The eligible activities under the ACSEP Guarantee Scheme are specified as follows:

On-farm production
Contract farming
Nurseries
Greenhouses
Production inputs, including farm and veterinary supplies
Inventory procurement, storage, and transport
Warehouses and logistics
Equipment for production, processing, quality control, and warehouse management
Agro-processing (intermediate and secondary)
Supply chain management
ICT applications, including hardware and software for MIS/ERP
Product development and innovation
Branding
Certification
Energy efficiency
Water management
Business development support services

Definition of SME

Click here for: Enterprise Definition Calculation

Process Flow of the Scheme

Application for ACSEP Guarantee Scheme

To apply for the ACSEP Guarantee Scheme, the PFI shall submit to CGCC a Guarantee Application Form along with the following required document:

Copy of Borrower’s Loan Application
Copy of PFl’s Loan Appraisal Report
Copy of Borrower’s CBC Report
Copy of Borrower’s Shareholders/Directors’ Official Identity Documents
Copy of Borrower’s business registration and/or licenses
Copy of Security’s Evidence (hard title, soft title, ownership certificate, etc.)
PFl’s Loan Letter of Offer (including Terms and Conditions of the Loan)
Copy of Borrower’s consent for the disclosure and usage of their information by CGCC
Copy of Evidence of ACSEP loan approval by Participant Financial Institutions (PFI), Project Implementation Unit (PIU), or PFI and PIU