He said the US would seek to reach an agreement for the funds owed to the multilateral donors, which include the Inter-American Development Bank, the International Fund for Agricultural Development and the International Development Association.

BBC: G7 nations pledge debt relief for quake-hit Haiti

Among other changes, the letter called for any Indonesian budget surplus to be spent on rural infrastructure rather than on reducing debts and for the World Bank and Asian Development Bank to play a greater role in overseeing agricultural reforms.

BBC: Indonesia signs new IMF deal

Kenya's Equity Bank has formed an alliance with groups such as The International Fund for Agricultural Development to reduce its risks when lending to smallholders.

ECONOMIST: Schumpeter