INNOVATE | Adoption of Agricultural Innovations through Non-Traditional Financial Services

To achieve the second Sustainable Development Goal by 2030, “End hunger, achieve food security and improved nutrition, and promote sustainable agriculture,” a large percentage of the 1.5 billion smallholder farmers in the world, responsible for half of the world’s food supply, will need to increase the productivity of their production systems. Many of these farmers, particularly women, are trapped in a vicious cycle of low productivity and low earnings that limit their capacity and willingness to adopt innovations.

INNOVATE will assess the potential of Non-Traditional Finance to enable large scale adoption of agricultural innovations among women and men smallholder farmers in South Asia, Latin America (the Andes) and East Africa. The project aims to identify and share experiences in which Non-Traditional Financial products/services have effectively leveraged innovation among women and men smallholder farmers.

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Project Quick Facts

Project Goal: To assess the potential of non-traditional financial services to enable large scale adoption of agricultural innovations among men and women smallholder farmers in South Asia, Latin America (the Andes) and East Africa and use the lessons to inform policy making and programming on agricultural development.

Funding: The International Development Research Centre and MEDA

Project length: 2017 - 2020

Tags: Global