You are here
Guide to the Use of Digital Financial Services in Agriculture
Smallholder farmers are the frontlines of every developing country’s food supply. They serve as the linchpin in poverty-reduction strategies, such as Feed the Future. However, most farmers lack access to financial services and products to enable them to invest in their farms. Evidence suggests that there is a $430 billion shortfall in serving this population’s demand for finance. Farmers face a range of roadblocks in managing their farms as a business, from purchasing inputs, to accessing financial services, to storing and selling produce. Digital financial services (DFS) present a promising opportunity to address some of these pressing needs and complement USAID’s past and current portfolio of work to achieve greater impact.
Copyright © 2020 Grow Asia Terms of UsePrivacy PolicyContact Us