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Small Tweak, Big Impact: How a ‘Simple Innovation’ Convinced Farmers to Improve Agricultural Inputs
TechnoServe and the Gulu Agricultural Development Company (GADC), an agricultural company based in northern Uganda, partnered to see if a simple market innovation would spur farmers to use a hybrid maize seed and boost productivity. The results – as measured by a randomized control trial involving 1,000 farmers – show what is possible with even modest market nudges.
- Categories
- Agriculture, Impact Assessment
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On ‘World Food Day’: Using Fintech to Support Smallholder Farmers and Feed the World
More smallholder farmers are using digital tools to access funds to improve their farms. But with a whopping US $200 billion gap in 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. Mikael L. Clason Höök and Malia Bachesta of the RAF Learning Lab highlight several innovative fintech companies that are addressing barriers faced by smallholder farmers.
- Categories
- Agriculture, Finance, Technology
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Ag Stigma Be Damned: Flipping the Script for Young People, Farming and Investment
Smallholder farmers are getting older – the average age of a coffee farmer is 60 – and fewer and fewer young people are replacing them. This problem isn’t new. But it’s becoming more and more urgent. Will McAneny at Root Capital writes about several agricultural businesses that are flipping the script by asking: What if opportunity flourished on the farm?
- Categories
- Agriculture, Education, Investing
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Can Next-Generation Startups Unite Agritech and Fintech for Farmers in Emerging Markets?
An amalgamation of agritech and fintech solutions could have an incredible impact for the masses, especially populations that work within the agriculture chain. But making these apps and other digital solutions more user-friendly is critical to expanding their usage. Developers may need to borrow the best toolsets from both sectors, writes Sneha Sampath with Unitus Seed Fund.
- Categories
- Agriculture, Finance, Technology
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From Farm to Phone to Table: A Case Study Series Explores the Impact of Digital Tools on Agriculture
Over the past decade, the use of mobile phones and other digital tools in farming has skyrocketed. Today, more than 60 percent of the population in the developing world now have at least one mobile phone. USAID aims to show that digital tools can improve cost-effectiveness and development outcomes in food security and nutrition programs. Cristina Manfre and Christopher Burns explain a USAID case study series on different approaches.
- Categories
- Agriculture, Technology
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Why We Broke Up the Company: A Former CEO of M-Agri Pioneer Esoko Explains
After a rapid revenue increase and the development of a mobile commerce platform, Esoko saw that it had some challenges balancing its very different product lines. Former CEO Hillary Miller-Wise walks us through the m-agri pioneer's decision to spin off into two companies.
- Categories
- Agriculture, Social Enterprise, Technology
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Cash, Trees, Honey and Bees: Enticing Ethiopia’s Farmers Toward Eco-Stewardship
In Ethiopia, use of herbicides as well as loss of habitat are causing a reduction in the local pollinator population, not unlike the global trend of pollinator decline that is threatening food security around the world. Julia Entwistle, a graduate student at the University of Michigan's School for Environment and Sustainability, details her summer internship with an organization trying to balance the interests of nature and farmers through profits.
- Categories
- Agriculture
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Financial Inclusion is Failing Farmers: How the Sector Can Finally Reach the $200 Billion Smallholder Market
There are 450 million smallholder farmers supporting about 2 billion people worldwide. Yet financing available to farmers lags behind the need, which is estimated in excess of $200 billion. Blaine Stephens of MIX and Mike Warmington of One Acre Fund explore the reasons why and offer potential solutions – including a new, centralized directory their organizations are building, which provides useful information on existing smallholder finance products.
- Categories
- Agriculture, Social Enterprise