Innovation can help direct-to-farmer finance providers better serve farmers by addressing the challenges associated with direct-to-farmer lending. Existing challenges – such as lending risks and service delivery – are exacerbated at scale; investing in innovation can help direct-to-farmer finance providers scale up to more quickly and effectively meet the vast global demand for smallholder finance.
Establishing a Cassava Financing Facility
We established a cassava financing facility in Ghana, Nigeria and Mozambique to provide access to finance to processors in the cassava value chain. We identified a pipeline of primary processors to be invested and potential partners, and designed a financing facility.