Agri-Fin Mobile partnerships will be based on clear revenue drivers for partners to promote long-term, sustainable service to farmers. Business models will provide increased value for each partner (i.e. increased fee income, improved efficiencies in delivery channels, greater outreach, or reduced risks). The model has potential for replication throughout Africa and Asia and can be used as a learning platform across financial products, poverty issues, and agri-business models for small-holder farmers.
Mercy Corps contributes significant expertise in agriculture, financial services, mobile technology, and sustainable business development. Mercy Corps has demonstrated successes in mobile banking, having led the development of key mobile innovators including XacBank in Mongolia, Bank Andara in Indonesia, and BanKO in the Philippines. Mercy Corps currently operates 80 food security and agricultural market development programs, reaching 700,000 small-holder farmers throughout Latin America, Asia, and Africa.