mobile finance for agriculture by iita

A member of the CGIAR Consortium


Mobile Finance for Agriculture

Mireille N’Simire ICT SPECIALIST IITA-CENTRAL AFRICA HUB


Global Situation

Globally, 2.5 billion people have no access to formal financial tools because they are either unavailable or are not designed to meet their needs. Poor households need financial tools to help them cushion against risk, build assets to secure their family’s future and manage daily household cash flows. Because of their precarious situation and unreliable income, the poor need financial services even more than the non-poor simply to survive from day to day.


Advancements in information and communications technologies (ICT) in remote areas are being leveraged by the private sector and development partners alike to drive greater efficiency and inclusiveness in rural agricultural markets.

ICT including a range of simple and complex products and services can overcome distance and poor infrastructure to bring finance and market opportunities to the rural poor. ICT can bring financial services to farmers, connect producers and buyers and help companies and programs leaders to better monitor and evaluate their initiatives.

ICT Opportunity for Agriculture


Mobile Finance in Agriculture Value Chains

Mobile payments and banking technologies are being applied within agricultural value chains in new and innovative ways.

This presentation highlights how mobile technology specifically mobile money transfer and mobile banking can benefit agribusinesses and farmers in remote areas by increasing their sales and income and increasing their access to and use of inputs, business services and financial products.

Mobile transactions can also provide information on the credit worthiness of farmers.


Innovative Mobile FINANCE Services for Smallholders


The above Innovative services will enable the local players to improve their

productivity, the sale of their products and their living conditions.


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.


Thank you…..

mobile finance for agriculture by iita

Economy & Finance