Stage 4: Transition to Scale
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
Senegal and Mali
Senegal and MaliSEE LESS
Countries Implemented In
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.