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Empresa de Comercialização Agricola

Country

  • Product Type: Transactions
  • Sector: Finance Oriented
  • Project Country: Mozambique

Empresa de Comercialização Agricola

EMPRESA DE COMERCIALIZAÇÃO AGRICOLA

Empowering smallholder farmers to become financially independent.

Empresa de Comercialização Agricola (ECA) is a sustainable agronomy business which engages smallholder farmers by providing them with inputs on credit, extension advice on conservation farming and access to markets at fair prices.

Local farmers own 45% of the shares in ECA.

Project Description

ECA will use FRP funds to roll out a system by which farmers receive SMS updates on crop management and payments by mobile money as opposed to cash.  It will also help to set up a rural merchant network based on existing retail outlets where farmers can withdraw their mobile money.

Key Innovations

Well established farming business that provides a good basis for innovation with integrated information / training / payment software and systems.