Countries
El Salvador, Honduras, Bolivia, Peru, Guatemala, Bangladesh
Local Project Partner
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German Project Partner
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Duration
02.09.2024 - 31.10.2026
A global challenge is that while agriculture is the primary source of income in rural regions, smallholder farmers in rural and remote areas often face challenges such as limited access to financing, technology, knowledge, and markets. The project addresses this issue by promoting innovative FinTech and AgTech solutions tailored to the needs of smallholder farmers that enhance productivity, income, and climate resilience. The goal is to advance financial and economic development, innovation, competition, and digital inclusion in rural areas of Latin America and Asia by supporting startups.
Tasks
To achieve these goals, the following measures will be implemented in particular:
- Developing and supporting innovative FinTech and AgTech solutions for smallholder farmers in rural areas
- Establishing partnerships between startups, agricultural producers, and other stakeholders
- Providing consulting and support to startups in adapting digital solutions to the needs of rural target groups
- Conducting pilot projects and providing support for scaling suitable solutions
- Promoting access to digital, financial, and non-financial services
