A member of the CGIAR Consortium. Mobile Finance for Agriculture Mireille N’Simire ICT SPECIALIST IITA-CENTRAL AFRICA HUB.

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Presentation transcript:

A member of the CGIAR Consortium

Mobile Finance for Agriculture Mireille N’Simire ICT SPECIALIST IITA-CENTRAL AFRICA HUB

A member of the CGIAR Consortium Global Situation 2,5 billion people have no access to formal financial tools Need for financial tools designed to meet the needs of poor households: -Cussion against risks -Build assets to secure the future -Manage daily household cash flow

A member of the CGIAR Consortium Leverage of ICT advancements in remote areas drive efficiency and inclusiveness in rural agricultural markets ICTs -Overcome distance -Poor infrastructure -Bring finance to the farmers -Bring market opportunities to the farmers ICT Opportunity for Agriculture

A member of the CGIAR Consortium Mobile Finance in Agriculture Value Chains Mobile payments and banking technologies are being applied within agricultural value chains in new and innovative ways. -Mobile money transfer -Mobile banking -Credit worthiness of farmers

A member of the CGIAR Consortium Mobile Innovative Services Structure Mobil Money App Currency local internationa l Account Balance deposit withdraw transfer payment bills payment card serviceAgrodealer chemical supplier fertilizer supplier seed supplier MFarmer farmer helpline Micro- lending system donate subscribe for Agri fund Agro dealer Network location 1 location2 location3, 4,5,6,7

A member of the CGIAR Consortium Providing access to rural advisory and financial services through mobile phones it's a highly promising medium to reach millions in remote areas. It has a high potential to improve smallholders’ productivity, stabilize their incomes, thus contributing to increased food security.

A member of the CGIAR Consortium Thank you…..