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UN Study: Digitization of Kenyan Farmer Payments Helps Tackle Poverty
One Acre Fund, supported by Citi, enabled farmers to easily make loan repayments via mobile money instead of cash, reducing the uncertainty, inefficiency, insecurity and high costs previously caused by cash transactions.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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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, Technology
- Region
- Sub-Saharan Africa