Story:Using Fintech to Feed the World: Four Innovative Approaches in Smallholder Finance

Friday, October 6, 2017

Rural smallholder farmers in Africa – who typically farm fewer than 5 acres of land, roughly the size of five football fields  – play a critical role in feeding the world’s growing population (set to hit 9 billion people by 2050). But with a whopping US $200 billion gap in smallholder financing, many cannot access the financing they need to invest in things like seeds, fertilizers and irrigation technologies to increase production and improve their livelihoods. There’s good news though: Across the world, innovative fintechs – companies using technology to enable financial services like virtual currency and mobile banking – are making it easier for farmers to access finance. Read more here:


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