In today's dynamic digital landscape, SMEs are constantly seeking new opportunities to expand and connect with suppliers, customers, and business partners. However, navigating the online landscape can be a minefield of potential risks.
For small and medium-sized agri-food producers, marketing their products in global value chains can be a challenge. This is because international systems demand compliance with high quality standards, being able to continually adapt to market conditions and having differentiated products with a high added value that makes them competitive.
Ending world hunger seems like an unattainable goal, but small and medium-sized businesses (SMEs) that participate in the agri-food system have advantages that they can take advantage of to offer solutions to this global challenge.
For a small or medium-sized company (SME) in the agribusiness sector in Central America, obtaining financing can be a challenge. The lack of credit history - especially for small businesses - and the unpredictable income cycles of the agricultural sector can make them appear risky to some financing entities.
One of the biggest obstacles to achieving food security is food loss and waste. Each year, up to a third of the food produced in the world for human consumption is lost or wasted, according to the Food and Agriculture Organization of the United Nations (FAO).
Central America is a region with favorable conditions for the agri-food system but that also has 8.4 million of its inhabitants in a food emergency situation, according to the World Food Crisis Report 2022. This means that they live in an extreme situation of food insecurity and require assistance.
Three global phenomena currently condition the development of agriculture in Latin America and the Caribbean: climate change, the increase in demand for food and technological innovation, accelerated by the Covid-19 pandemic, according to an ECLAC study. .
What can a small producer do if a frost ruins an entire year's harvest? How can a food input export business efficiently adapt to a sudden change in the foreign exchange market? Or what happens if a transporters' strike prevents the distribution of food production and it spoils?
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