FISFAP Project
Financial Inclusion for Smallholder Farmers in Africa Project (FISFAP)
Improve the living standard of smallholder farmers in Kenya through increased incomes and financial inclusivity.
Project objectives:
Higher incomes for farmers through increased access to credit
1: Increased access to Financial services/ crediT
2: Increased market access by farmers
3: Enhanced capacity of farmers on Structured Trade and financial literacy
4: Increased awareness of the e-Granary platform by farmers
5: Increased public Knowledge on the success of e-granary
Solution strategy
The e-Granary is both a communication and payment platform capable of increasing the income of farmers between 40% and 100% (or 180 to 450 USD) as well as providing them access to a relatively high level of credit per farmer. It provides the credit opportunity at two levels – at production and at delivery of produce to the certified warehouse.