Thursday, October 26, 2017
Feed the Future Malawi Mobile Money Project uses DFS to advance their economy.
Feed the Future Malawi Mobile Money Project. Malawi's economy is built on the backbone of the smallholder farmer. Many farmers, however face obstacles in growing their businesses. They lack access to bank accounts, and cash is risky. Feed the Future Malawi Mobile Project uses digital financial services to improve the Malawi agriculture value chain and farmers' economic resilience.
USAID can help missions and partners identify specific challenges in value chains and corresponding DFS solutions to increase digital financial inclusion for smallholder farmers. Digital financial services help USAID projects run more efficiently and allow farmers to connect to the financial ecosystem, giving them tools to support their economic livelihoods long after the projects have ended.
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