Rabobank
Date June 22, 2000
subject Emerging Markets Charitv Fund
To Rabobank International
Dear Rabo friend,
We like to let you know about a special project, which the former Agri-Project Finance Team in RI
(APFT) is setting up in view of our farewell as an organizational unit. We plan to establish a
special fund, the proceeds of which will be used to support various charity-linked initiatives,
particularly supporting charitable projects in emerging markets, APFT's professional mainstay in
the 1990s.
By now most APFT team members have been relocated to other RI units or have left Rabobank; the
F&A project finance portfolio originated by APFT is increasingly in a good and quite profitable
shape because of the improving emerging market economie conditions and successful work-out
restructuring operations; the "InSight" knowledge management program is on track, being
integrated with the Customer Relationship Management Program and will be jointly rolled out in
the final part of 2000; the organization of the F&A Strategy Implementation workshops to be held
in June and September, respectively, is largely completed; the relationship with multilateral
development finance organizations has improved substantially with recently significant scope to
conduct business in the treasury and capital markets areas. We can conclude APFT will "ride into
the sunset" with most of its main professional objectives realized and that hence this is a good
moment to turn the corner and to pursue new professional objectives.
While departing APFT would like one more time, - our "last waltz" - to focus on emerging market
projects; but now in a very different way, with a focus on projects with a specific social conscience.
This as most former-APFTers have in the course of their work been conffonted with social and
educational circumstances that were feit as oppressive while nothing could be directly done about it
to improve those circumstances.
Potential beneficiaries of proceeds from the fund would include street children; people hit by
natural disasters, war victims, and education programs in emerging markets and women in
developing countries. Where possible, former-APFTers are prepared to put in their own time in
contributing their energy and skills to the projects, which the fund will seek to contribute to.
Actually, the objective is to focus support on charitable projects into which both former-APFTers
and other RI colleagues have invested their personal time and energy. We would like to turn it into
an Rl-wide exercise.
Your reference
Ourreference NS
Rabobank International
Food Agribusiness Research
Postal address Postbus 17100,3500 HG Utrecht
Office address Croeselaan 18,3521 CB Utrecht
Telephone 31302164102
Fax 31302161920
E-mail niek.streefkerk@utc.rabobank.com
