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Eastern Asia

  • mfarmPay: Driving Climate Financing to Rural Smallholder African Farmers

    Publication date: 
    Tuesday, January 8, 2019

    Smallholder farmers and lenders with smallholder lending portfolios ( which according to CGAP currently account for about USD 50 billion globally) are highly vulnerable to climate change impacts. mfarmPay, a novel parametric lending solution driving financing to African farmers, offers innovative data-driven solution to reducing climate risk in lending portfolios and incentivising the adoption of climate-smart farming approaches by smallholder food producers.