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Mobile Payments: How Digital Finance is Transforming Agriculture

May 31, 2015 | L.H. Babcock | CTA

his report offers new and interesting insights on the role that digital finance can play in providing a more cost-effective and secure method for financial transactions in the agricultural sector, particularly for rural smallholder farms. In doing so, it offers a three-step approach for digital financed-based business development that emphasizes deep engagement with smallholder farmers, innovative partnership strategies, and a focus on mutual value creation. Complementing these recommendations, the initiatives profiled in this report offer compelling cases of how three different organisations approached the agri-digital finance opportunity and the solutions they crafted to successfully reach smallholder farmers.