Types of Agricultural Financing in Zimbabwe

There is a US$223 million agricultural funding shortfall in Zimbabwe affecting thousands of farmers. This week I want to briefly look at the different types of agricultural finance in Zimbabwe and how they compare to the YouFarm Crowd Farming Platform There are thousands of financially disenfranchised farmers in Zimbabwe. The table below shows the results from a study by Mapfidza et al (2010) showing the percentage of farmers who were...

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Agriculture is everything!

A brief history of agriculture…. Last week I spoke about the importance of due dilligence before investing your hard earned money in anything. For those of you who were paying attention, you will also remember that I had said that this week I would be talking about the different types of finance available to farmers in Zimbabwe. I’m going to postpone that topic till next week because I need to talk about why agriculture is...

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The importance of due diligence

Last week we spoke about how YouFarm is throwing out the rule book in order to provide finance for financially disenfranchised farmers who are failing to access funding from traditional financial institutions. This week I want to focus on the importance of due diligence. Due diligenceĀ is an investigation of a business or person prior to signing a contract. YouFarm performs due diligence by vetting farmers and farms in order to protect...

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Throwing out the rule book!

3rd, not bad hey! In my last post I spoke about the use of technology in agriculture and how YouFarm intends to provide access to technology for Zimbabwean farmers. This week we want to briefly look at how YouFarm is throwing the rule book out the window. But first a bit of housekeeping. Last week was a busy week for the YouFarm team as we went up against Zimbabwe’s top tech startups. A total of 50 teams from across Zimbabwe...

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