Many farmers across #Africa have little access to credit because of their remote location and lack of land titles (which could be collateral) and fixed assets. In Uganda, an increase in non-bank formal financial services in the agriculture sector through mobile money transfers which increased from 7% in 2009 to 34% by 2013. Involving the Private sector could be a game changer and enable greater access to financing, allowing farmers to make more money. #UgandaAgGap report explains more.
Closing the potential-performance divide in Ugandan agriculture (English) | The World Bank
Closing the potential-performance divide in Ugandan agriculture (English)
