Farmers know all about transformation.Helping farmers farm the fields , There are few better examples than planting a seed in the right soil, adding the right combination of water and nutrients and then seeing and supporting the transformation. But being a farmer is also to understand challenge.
If farmers can sell more crops, and earn more money, they can make a better life. In principle, it sounds straight-forward, but out on the fields, far from a physical marketplace or reliable internet, it’s not the simplest process to know the latest fair price and market value for crops. Helping farmers farm the fields , Delayed payment is another challenge, which affects cashflow and, access to credit and loans to buy good quality seeds, fertilizer, and equipment This was one of the hot topics of conversation at the 28th National Agriculture Show in Uganda, where a multitude of farmers gathered – men and women who harvest anything from coffee beans to sweet potatoes and plantains. On invitation from the Uganda National Farmers Federation (UNFFE), Mastercard supported this special gathering and shared a bit more about how one simple innovation is making farmers’ lives easier – and creating more wealth in the process.
Out on the farms of Uganda, a digital platform called YoPay Agric – powered by Mastercard – is helping farmers to solve many of their pressing challenges. The platform links farmers to different partners in the agricultural sector. Helping farmers farm the fields , This includes suppliers that sell quality seed and fertilizers, financial institutions such as banks or SACCOs, and buyers from far and near. Farmers themselves don’t even need a smartphone or internet to join the YoPay Agric platform. Agents working at local farming cooperatives can quickly register individual farmers with just a few details about them and their crops. Participation is confirmed by an SMS to any ordinary mobile phone. What follows is the beauty of technology as it transforms the value chain – automating harvest collection and payment.
Source: This news is originally published by theeastafrican