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Agricultural Mobile Finance
October 22, 2013 Editor 0
By Lee Babcock
Photo credit: Jan-Pieter Nap
Mobile phone subscriptions will outnumber the global population this year—that’s more than 7 billion subscriptions. The rapid reach of mobiles presents potential for disruptive business model innovations in many sectors at the base of the pyramid – and finance is no exception.
One such innovation is agricultural mobile finance that can benefit farmers, processors, cooperatives, buyers and traders—all the participants in the field-to-fork value chain.
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