Smallholder farmers face many challenges, but one of the toughest is accessing the finance they need to buy essential farming products like seed and fertilizer.
Financing and insurance
Farming insurance is an emerging tool in climate risk management that can help ensure smallholders are able to plant again the following season even if crops fail in the current one, and encourage them to take risks to invest more in their farms even when the climate is so unpredictable.
Governments must secure the livelihoods of farmers. One proven tool to increase farmers’ resilience is insurance. But with few insurers entering the market, government support is critical.
Studies show when women have more money, they’re more likely to save and invest in their families. Yet, 29% of Kenyan women still can’t access basic financial services.
Smallholder farmers require a different form of financing to succeed. One Acre Fund gives you an inside look into our unique approach to microfinancing.
Group savings help women of Ndengelwa village in western Kenya grow together financially.
With the value in providing microfinance loans to farmers higher than ever, we've compiled a list of resources that explain just how worthwhile this type of financing can be.
While 55 percent of Africa’s population is engaged in agricultural livelihoods, only approximately 1 percent of bank lending across the continent goes to the agricultural sector.
Providing smallholder farmers with credit to invest in their farms isn’t just a good deed, it can also be a good business opportunity.