Geodata and ICT solutions for inclusive finance and food security

Published on

June 2, 2017

NpM, the Platform for Inclusive Finance of which ICCO is a member, has presented the research 'Geodata and ICT Solutions for Inclusive Finance and Food Security'. The research is carried out by ICCO Terrafina Microfinance and Fair & Sustainable Advisory Services.

In light of a growing demand for food, smallholder farmers are crucial in supplying the world with sufficient food. Besides access to finance, smallholder farmers need more and better information for their farming decisions. This could improve agricultural production and market access, ultimately increasing their incomes and food security. The innovations we see today have a huge potential to improve agriculture and access to finance. Geo-data and information and communication technologies (ICTs) such as geographic information systems, drones, and cloud computing are now being used to boost smallholder’s production and their income.  The paper presents an overview of the possibilities and challenges of using geo-data and ICTs to improve agricultural production and access to finance for smallholder farmers.

To read more download the full paper here

About the Author(s)

ICCO STARS (Strengthening African Rural Smallholders)
Learning Lab Partner

According to the FAO, supporting small-scale farmers will be critical to reducing hunger and poverty in Sub-Saharan Africa.  Strengthening African Rural Smallholders (STARS) is a program implemented by ICCO Cooperation with support from The MasterCard Foundation. STARS aims to transform the lives of 210,000 farmers, 50% of them are women, in Burkina Faso, Ethiopia, Rwanda, and Senegal and will have an overall impact in the lives of over 1 million people. Cooperation will take place with MFIs to develop innovative risk-mitigating tools and provide the necessary loans to farmers to diversify their crop or to buy equipment that increases their production.

Press release: Strengthening African rural smallholders for sustainable development