Despite the large sums of money being poured into digital financial services around the world, enrollment and usage remain low and few services reach those who need them most. Grameen Foundation worked with two institutions that offer microfinance services in Uganda to help increase the adoption of digital services among current and potential clients.
With the rapid growth of mobile money services, financial providers are testing ways to use this distribution option. The infrastructure offered by mobile money operators allows financial services providers to reduce distribution costs and increase staff efficiency, while customers benefit from having more convenient and lower-cost financial access points.
Though agriculture is the main livelihood for most Kenyans, more than 75 percent of the country’s agricultural outputs are still produced by smallholder farmers on small plots of land using traditional technologies—and mainly for consumption rather than sale.
March 16, 2015
By Caroline Mwende
Dorcas Wanjiru is a small-scale farmer from Banana, an area in central Kenya that is rich in agricultural production. When we arrive at her home, she is in the farm but quickly comes over and gladly welcomes us into her home.
It is a small piece of land; less than an acre. She lives here with her husband and four children and also carries out her farming activities here.
This interim report explores how households in rural Burkina Faso manage economic, e
This study identifies challenges and opportunities of using mobile money with savings groups as it assesses:
This report reviews the constraints that are hindering the adoption of traditional financial services by the mass market in Nigeria. It then provides an in-depth analysis of the banking landscape for digital finance and reviews barriers to adoption, such as the regulatory context, technical and infrastructure challenges, lack of agent networks and mobile and language literacy among the target demographic.
Smallholder farmers in Africa, Asia and Latin America face many challenges, including little or no access to quality inputs (e.g., seeds and fertilizer), insufficient information about farming "best practices", market prices and weather and limited access to markets and few financial resources. This makes it extremely difficult to increase their level of
Shanti’s life has always been determined by the seasons.
When she was a farm laborer, the monsoon rains, summer heat, and harvests dictated her days laboring in the fields.
Now, thanks to loans from Sonata, Shanti is the owner of a small general store and in tune with an entirely new schedule of seasons. Before the start of the school year, she stocks pencils, pens, and paper on her shop’s shelves, and before each festival, she stocks goods for that particular celebration.