CommCare for Agricultural Finance
The explosion of microfinance and insurance institutions (MFIs)
has provided alternative sources to capital and security for
small-scale farmers. Microfinance and insurance allow the
agricultural community to reduce the risk of their investments,
as well as provide the growth capital needed to thrive.
However, while micro-finance and insurance has allowed for farmers
to increase their yields through new investments, the penetration
rates to extremely rural rates, where capital and risk hedging is
needed most, still lag behind other geographies. Between complex
dataflows and poor infrastructures leading to impossible demands on
finance, insurance, and credit officers, only robust, off-grid IT
solutions can help expand financial tools to the millions that require
them to help expand their businesses.