Bridging the Financing Gap for Agriculture Cooperatives Through Data-driven Decision-making in Senegal

Categories : Agriculture, Customer and Users of Digital Payments

Posted: December 4, 2020

Author: UNCDF

In 2019, United Nations Capital Development Fund (UNCDF) wanted to explore how data driven decision-making and new dimensions of information could reduce the risk of lending to the youth segment – in particular those working in agriculture – providing alternatives for those who do not have traditional credit records. UNCDF has partnered with Dimagi and Baobab Sénégal to pilot an existing digital solution dedicated to the agriculture sector to reduce the information asymmetry between agri-cooperatives and financial service providers (FSPs) when it comes to lending decisions. Read more about their findings here.

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