Closing the financing gap for smallholder farmers and rural entrepreneurs requires investing in technology that maximizes efficiency and reduces operational costs. Recognizing the potential of mobile technology to boost loan officer efficiency, Incofin provided Bolivian MFI Sembrar Sartawi with a TA grant financed jointly by Incofin cvso, RIF II and the IDB Rural Finance Partnership to develop a customized mobile app that allows its loan officers to collect client data in the field via their smartphones. Sartawi can leverage this data for credit analysis, reporting and designing social programs for its clients, 60% of whom are women.
Watch the full video to learn more about how Incofin’s TA promotes innovative solutions to expand rural financial inclusion.
As organizations based on communal ownership, smallholder producer cooperatives are deeply rooted in the principle of democratic participation, which ensures that the cooperative’s activities benefit the community as a whole. Incofin, advisor to the FAF, considers good corporate governance fundamental to a cooperative’s ability to achieve its mission and to ensure its long-term sustainability.
The Fairtrade Access Fund (FAF), managed by Incofin Investment Management (Incofin IM), held a “Mini-Forum for Coffee Exporting leaders” at the Specialty Coffee Association (SCA), a half day seminar for its agricultural division clients. The Mini-Forum aimed at expanding the clients´ knowledge on some of the most important cross-cutting topics in smallholder agriculture today.
A “capital plus” approach combining investment, governance guidance, support to the Board of Directors and matching grants for technical assistance to drive the transformation process of one of the most resilient MFIs in Nicaragua.