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Handbook: Digital Financial Services for Agriculture

This handbook by IFC offers financial services providers an understanding of smallholder farmers and agricultural value chains, and practical guidance on how to develop and launch sustainable financial services for the agricultural sector. It surveys the current landscape in terms of existing DFS offerings in the agricultural sector, to share actual market experience and lessons learned from the pioneers in the market. Although financial inclusion has expanded dramatically in Sub-Saharan Africa over the past ten years due to the rapid evolution of mobile money and agent banking, access to formal financial services remains limited in rural areas and in the agricultural sector. Agriculture contributes to about 18 percent of GDP across Sub-Saharan Africa, but only an estimated 1 percent of bank lending in the region is allocated to the agricultural sector. Download the handbook here.

IFC
IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused exclusively on the private sector in developing countries. The Bank Group has set two goals for the world to achieve by 2030: end extreme poverty and promote shared prosperity in every country.

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