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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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Nestlé, Telenor Microfinance Bank partner to launch digital lending for farmers in Pakistan
Under this program, Telenor Bank has been disbursing loans to dairy farmers digitally. The bank has pioneered one of the country’s first data driven digital method in deciding the loan limits with near instant loans. Hence, the loans are disbursed directly to the farmers via Telenor Bank’s mobile banking platform, Easypaisa mobile wallets.
- Categories
- Agriculture, Investing, Technology
- Region
- South Asia
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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
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How tech-enabled agriculture ventures are offering farm related services via mobile phones
“Farmers are forced to sell immediately after harvesting,” says Kishor Kumar Jha, founder-director, Ergos. “Withproper warehousing, farmers can store their produce and sell when prices move up.”
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- agtech
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Do Farmers Really Want to be Paid in Mobile Money?
Do farmers really want to be paid in mobile money? To answer this question, I’ll ask you to first entertain a brief thought experiment. Imagine that your employer told you that next pay period, your company will start paying you in Bitcoin. How would you react?
- Categories
- Agriculture, Technology