International Development - How partnerships can empower small-holder farmers: "For small-scale farmers, having access to financial services can mean turning subsistence agriculture into business. Providing them with access to financial services, though, involves risks, according to James Mwangi, CEO and managing director of the Equity Bank in Kenya.
These risks emanate from the lack of capacity of these farmers to use financial products, he argued.
“It is like giving someone who doesn’t know how to drive a car,” Mwangi said. “This is why is important to build capacity to the farmers, not just assume they have the intellectual capacity to use modern products when you are bringing them from what you could call subsistence farming and quickly you are pushing them into a modern financial sector.”"
'via Blog this'
Thursday, February 28, 2013
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