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Press release: Dutch FMO and Rabobank Foundation Finance Kenyan Start-Up Apollo Agriculture
Apollo Agriculture has received a USD 250,000 convertible grant from FMO’s MASSIF Fund, which aims to take early high-investment risks and act as a catalyst for the growth of the private financial sector and financial inclusion in developing countries. The Rabobank Foundation has provided the start-up with a USD 250,000 loan.
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- Press release
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press release: Tulaa closes seed round of investment
Four out of five African families depend on agriculture for their livelihoods, but lack of access to quality inputs, affordable finance and reliable markets keep many of them trapped in a cycle of poverty. To solve these problems, Tulaa leverages mobile technology and artificial intelligence to enable farmers to purchase inputs on credit and to market their crops efficiently at harvest time.
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- Press release
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Mali and International Fund for Agricultural Development ink deal to connect farmers to rural financing
By providing a range of financial products, including savings, credit and micro-insurance, the project will enable smallholder farmers to invest in the necessary infrastructure and equipment that will help them produce, store, process and better market their products.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press release: IFC invests $100 million in Mahindra Finance for loans to farmers
“Since its inception in 1991, Mahindra Finance has been working in the rural and semi-urban areas of India, catalyzing financial inclusion of the unbanked and under-served communities and also partnering with them in their difficult times. Our focus has been on enabling these customers with innovative financial solutions, tailor made to their evolving needs” said Ramesh Iyer, Vice-Chairman & Managing Director, Mahindra Finance.
- Categories
- Agriculture
- Region
- South Asia
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Making Agritech Work for Smallholders: What Tech Companies Can Learn from Development Organizations
Agritech proponents argue that technology is the key to helping the world's 500 million smallholder farmers. Yet despite countless ‘ICT for development’ companies and projects, these solutions often fall short of their intended impacts. This raises an important question: Can the methodologies that have proven successful for many tech startups work for the complex, interrelated challenges faced by smallholders? Wouter Vink of GreenFingers argues that there's a better approach.
- Categories
- Agriculture, Technology
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Blockchain technology is being used in the early disruption of Kenya’s agribusiness
In many emerging markets, food retailers along with smallholder farmers, struggle to secure loans and develop a credit history. And without the proper financing, many of them fail to scale their businesses.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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The Straightest Path to Social Impact: The Power of Focusing on Farmers
After speaking to hundreds of low-income farmers in Nepal, India and Myanmar, Aditi Seshadri learned some basic truths about the challenges they face, the importance of their work - and the outsize value of interventions aimed at supporting them. She explores the reasons why a focus on farmers can maximize a social enterprise's impact.
- Categories
- Agriculture
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Better Data for Better Products: New Online Resource Aims to Close the $200 Billion Smallholder Finance Gap
The US $200 billion gap in farmer finance is a tremendous opportunity – but it's one that financial service providers are missing, due to the lack of transparent and reliable data. That's why One Acre Fund and MIX, with support from the Mastercard Foundation's RAF Learning Lab, launched the Smallholder Finance Product Explorer. A May 8 webinar will show industry actors how to use some of these new online tools to reach the 450 million smallholders in need of financing.
- Categories
- Agriculture, Investing
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