Updated Jul 27, 2019

Myagro Farms

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Mobile Layaway for Smallholder Farmers

myAgro's mobile layaway platform enables smallholder farmers to save for seed and fertilizer purchases during the planting season when they have the greatest need for cash. When a farmer buys a myAgro card, a text message with the card’s code and amount is sent to myAgro’s database, and myAgro allocates the amount to the farmer’s account. With $150,000 in DIV funding, mAgro is expanding its pro...
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myAgro's mobile layaway platform enables smallholder farmers to save for seed and fertilizer purchases during the planting season when they have the greatest need for cash. When a farmer buys a myAgro card, a text message with the card’s code and amount is sent to myAgro’s database, and myAgro allocates the amount to the farmer’s account. With $150,000 in DIV funding, mAgro is expanding its program to reach 30,000 farmers by 2018 and increasing the financing amount each farmer can access.
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Stage 4: Transition to Scale

Registered in Maliin Mali

Focus Areas:

Agriculture, Economic Growth and Trade, Seeds & Stock and 3 MoreSEE ALL

Agriculture, Economic Growth and Trade, Seeds & Stock, Social & Micro Finance, Digital Finance and TechnologySEE LESS

Implemented In:

Mali and Senegal

Mali and SenegalSEE LESS

2
Countries Implemented In
Verified Funding
?

Milestone

Aug 2019
Funds RaisedVERIFIED
$100,000
TYPEGrant
FOCUS AREAS
Agriculture
Implemented InMali
Jun 2017
Funds RaisedVERIFIED
$22,650
Dec 2016
Funds RaisedVERIFIED
$67,450
Date Unknown
Created
Date Unknown
New Country Implemented In
Mali
Date Unknown
New Country Implemented In
Senegal