Mercy Corps

Financial Inclusion

PURPOSE:

Expend access to finance through mobile channels to smallholder farmers

Why We Partnered:

As a delivery system, mobile phones are a powerful tool to reach large numbers of farmers with a range of financial and information services at low costs. Mercy Corps has extensive expertise in agricultural development, working with microfinance institutions, commercial banks and payment providers and building the financial capability of clients. Its notable work in mobile financial services includes the creation of a payment system for rural banks, the development of a partnership approach with a mobile network operator and a bank and the launch of a mobile money and insurance provider. The project will target 1,000,000 smallholder farmers in Kenya, Zambia and Tanzania.

www.mercycorps.org