outLink

Smallholder farmers lack credible information about their farm businesses, making financial institutions hesitant to commit to them. In sub-Saharan Africa, with 48 million smallholder farmers, less than 6% of commercial loan recipients are smallholder farmers, resulting in an inability to purchase quality inputs to improve production. In Tanzania, smallholder farmers dominate the agricultural sector, contributing $13.9 billion to GDP and 67% to total employment.

With our credit profiling platform, financial institutions can track and monitor farmers' performance throughout the value chain. Smallholder farmers gain visibility to financial institutions and can sell value-added produce through our registered warehouse. 60% of farmers pay back their loans, and 40% pay for our services. Farmers get advice on the best application of agriculture inputs and those who do not qualify for loans can buy agriculture inputs at a reduced price. Our customer base is growing as we work district by district. We have been awarded by the Babati district council to work with 3600 rice farmers on 4200 acres and have started with the Muungano Irrigation scheme, benefiting thousands of farmers.

Financial institutions can confidently provide loans to smallholder farmers; increased agricultural productivity and income for farmers; expanded access to quality agricultural inputs and agronomic services; improved traceability and market linkage for farm produce.