We are heartened to have strong women leadership as an intrinsic part of mfarmPay’s DNA.
mfarmPay is determined to serve as pivot to propel financing to rural African smallholder farmers.
mfarmPay is providing a seamless loan origination, proprietary credit scoring model, and payment infrastructure to increase the reach, quality, and affordability by derisking financing for financial institutions, and commercial agri-lenders for African smallholder farmers at scale.
On Wednesday August 14, 2019, we met with a group of 35 member farmers of a vegetable producer cooperative in Central Region of Ghana to introduce them to mfarmPay and how they could access the service.
Majority of Ghana’s farming population are in rural communities. Insufficient access to finance for smallholder farmers and low investment due to perceived and actual risks in lending to them limit their ability to scale production.