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Over the past five years, project design gradually moved to integrated value chain development and finance models, improved risk management approaches (such as insurance), collateral substitutes (such as warehouse receipts) and more efficient production systems (such as out-grower schemes). And financing agriculture, the main interest of the Organization, gradually replaces financing rural areas or expanding classical microfinance. Combining microfinance tools and approaches with efficient agricultural lending to smallholders under solid risk management will remain TCI’s key challenge and focus in the near future.