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Agency calls for understanding of farming cycles

THERE is need for financiers and other stakeholders to understand farming cycles for smallholder farmers (SHF) to allow appropriate interventions, says Mercy Corps.
Mercy Corps is a global humanitarian aid agency that launched a six-year AgriFin accelerated (AFA) programme in Zambia.

The US$25 million initiative is aimed at supporting the expansion of digital financial and non-financial services to SHF living on less than US$2.50 per day, as measured by the progress out of poverty index (PPI) in Zambia, Kenya and Tanzania.

PPI is a poverty measurement tool for organisations and businesses with a mission to serve the poor.
Mercy Corps says one of the likely causes of the disconnect between a relatively robust number of providers and effective uptake of formal financial services by farmers may be weak understanding of…