Farm pass a digital platform help farmers to sell their produce at a fair price, in a more safe and easily accessible way. The Mastercard and Ecobank Group patnership will connect million of farmers in Sub-Saharan Africa To Farm Pass.
Being part of it cooperation, Ecobank will leverage it presence across 33 countries in Africa to widen the scope of Mastecard Farm Pass platform and increase the positive impact it has. Most small-scale farmers in Sub-Saharan Africa are confronted with a variety of challenges;including restricted access to markets, working capital to finance activities or obtain quality inputs, and applicable financial tools to pay and get paid in an effective manner.
These are among the challenges which have resulted to insecurity, waste of food and resource and inefficiencies making it impossible for farmers to run successful and sustainable enterprises. Farm Place is an agricultural marketplace that connects various agri-sector players, both on the supply and demand sides. Enhancing the positive influence brought by these stakeholders have collectivley on farming communities.
The platform will help small-scale farmers in Africa increase the revenue from the agricultural products, gain access to high-quality inputs and information regarding farming. They will also be able to receive payments and make payments digitally and develop a financial profile that can unlock opportunities for financing working capital and inputs.