How AgriFin Works
We employ a market facilitation model to drive collaboration and innovation for smallholder agriculture between financial institutions, mobile networks, educators, tech start-ups & government.
〉 Our core objective is to address the inclusion gap for smallholder farmers (SHF) who lack access to affordable, accessible, demand-driven financial products and services that drive higher productivity and income for their households. Digital tools and platforms can help overcome these challenges as well as improve farmers’ digital literacy, agronomic knowledge and practices, and market linkages.
〉 Through a combination of technical expertise and financial support for product and channel innovation, we work with banks, mobile network operators, farmer aggregators, rural extension providers and technology actors with existing applications and platforms, to help them develop, scale and deliver viable solutions for smallholders.
〉 Bundling (joining products or services into a single combined or linked unit) can reduce service delivery costs and address customer awareness and uptake constraints. We employ a phased approach which sequentially adds products linked to farmer trust, demand and capabilities, layering in more complex products as farmers become more familiar with new services and channels.