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From Extremely Poor to Entrepreneur: A Starter Asset Combined with Mentorship Forges Pathway Out of Poverty
Today Arfa Bibi runs a successful vegetable farming business in India. Only a few years ago, however, Bibi and her husband struggled to feed their family and she even resorted to begging. Her transformation into entrepreneur came thanks to Kolkata-based nonprofit Bandhan-Konnagar's graduation model program Targeting the Hardcore-Poor, whose success was cited in a six-country MIT study of 21,000 of the world's poorest people.
- Categories
- Agriculture, Entrepreneurship, Financial Inclusion
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#SDG1: Mars leads push to lift 500 million farmers from extreme poverty
The food giant is working with Oxfam on a new collaborative research platform to tackle the endemic poverty that permeates FMCG supply chains.
- Categories
- Agriculture
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Mars launches Farmer Income Lab to help eradicate smallholder poverty
The Farmer Income Lab will commission research and generate discussion to develop measurable frameworks and new business models to significantly reduce farmer poverty.
- Categories
- Agriculture, Financial Inclusion
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Digital Isn’t Always the Answer: Building Choice into Financial Inclusion Solutions for Smallholder Farmers
Smallholder farmers often live in remote villages, located hours away from towns and cities where they might be able to access consistent mobile networks, bank accounts or other formal financial access points. So while many farmers are curious about the idea of receiving the payment for their cash crops in digital formats, the options for them to use that digital currency are limited. Instead of pushing technology for technology’s sake, financial inclusion projects ought to seek diverse solutions that are appropriate and accessible for customers based on their needs.
- Categories
- Agriculture, Financial Inclusion
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Annie Ryu’s Blueprint for a Non-Exploitative Global Supply Chain
Ryu saw an opportunity, but, true to form, it wasn't one that would serve just her, and she founded her company in 2011 with the goal of creating a sustainable supply chain. Today, she partners with more than 350 farming families and supplies 2,000 retailers.
- Categories
- Agriculture, Entrepreneurship
- Region
- Asia Pacific
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Coca-Cola, Partners to spend $1.7 million billion on Indian agri system
To be contributed by the company, its bottling partners, fruit suppliers and processors, the amount will be for the entire supply chain from "grove to glass through a concept called 'Fruit Circular Economy'," Coca-Cola India said in a statement.
- Categories
- Agriculture, Investing
- Region
- South Asia
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How Digitizing Agricultural Input Payments in Rural Kenya is Tackling Poverty: The Case of One Acre Fund
Since 2014, OAF has enabled farmers in Kenya to make loan repayments digitally using the mobile money service M-Pesa instead of in cash, increasing economic opportunity and financial inclusion in some of the world’s poorest farming communities.
- Categories
- Agriculture, Financial Inclusion, Technology
- Region
- Sub-Saharan Africa
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Digital Toolkit to Give Tanzania Smallholder Farmers Access to Finance, Farm Supplies and Training
The digital toolkit will allow farmers to gradually pre-pay for the inputs they need via mobile money, at discounted prices. It will also provide them with a customized inputs package based on their crop and production goals, and deliver mobile-phone based farming advice to ensure the best use of those inputs.
- Categories
- Agriculture, Financial Inclusion
- Region
- Sub-Saharan Africa
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