Feed the Future Malawi Mobile Money Project Uses DFS to Advance Their Economy  

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Focus Areas:

Agriculture, Economic Growth and Trade, Technologyand 7 MoreSEE MORE

Agriculture, Economic Growth and Trade, Technology, Digital Finance, Digital Inclusion & Connectivity, Data/Analytics, Inclusion, Digital Finance, Digital Development and Digital Inclusion & ConnectivitySEE LESS

Regions:

Malawi

MalawiSEE LESS

Agriculture is the mainstay of Ghana's economy, but many farmers lack access to financial services making it difficult for them
Malawi's economy is built on the backbone of the smallholder farmer. Many farmers, however face obstacles in growing their businesses. They lack access to bank accounts, and cash is risky. Feed the Future Malawi Mobile Project uses digital financial services to improve the Malawi agriculture value chain and farmers' economic resilience. USAID can help missions and partners identify specific challenges in value chains and corresponding DFS solutions to increase digital financial inclusion for smallholder farmers. Digital financial services help USAID projects run more efficiently and allow farmers to connect to the financial ecosystem, giving them tools to support their economic livelihoods long after the projects have ended.