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Updated Jan 11, 2020
Innovative Finance and Commitment Mechanisms in Agricultural Input Decisions
Part of Innovations for Poverty Action
Understanding the primary limitation inhibiting agricultural investment in Mali
Said Dowlow
Send MessageStage 2: Research & Development
Focus Areas:
Agriculture
Implemented In:
Mali
1
Country Implemented In
Verified Funding
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Problem
Increased adoption of agricultural inputs has the potential to help African farmers boost production and farm profitability, thereby alleviating poverty, but adoption of this method has been low.
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Solution
This innovation has the potential to help increase profits for 7,800 households with approximately 2-3 farmers per household and may steer the agricultural input private sector toward reorganizing in order to take advantage of the opportunities created by the early market organization.
Innovation Description
With funding from DIV, Innovations for Poverty Action is carrying out a study to understand whether commitment mechanisms or credit constraints are the primary limitation inhibiting agricultural investment in Mali. This study is centered around a proposed innovation that combines commitment mechanisms and credit access in order to remove constraints inhibiting agricultural investment while building partnerships with national agro-input dealer associations and a microfinance organization.
Milestone
Aug 2019
Funds RaisedVERIFIED
$194,691
TITLEInnovative Finance and Commitment Mechanisms in Agricultural Input Decisions
TYPEGrant
FOCUS AREAS
Agriculture
Implemented InMali
Date Unknown
New Country Implemented In
Mali