The International Fund for Agricultural Development (IFAD) of the United Nations said 12 startups in Latin America and the Caribbean developed agricultural (agtech) and financial (fintech) solutions that benefited nearly 21,000 households in the rural areas. IFAD said the startups developed various solutions to strengthen access to financial and agrotechnological…
The International Fund for Agricultural Development of the United Nations said 12 startups in Latin America and the Caribbean developed agricultural and financial solutions that benefited nearly 21,000 households in the rural areas.
“Innovatech emerges as a pioneering initiative whose main objective is to facilitate access to cutting-edge financial and technological services for small agricultural producers. This unprecedented collaboration is opening up new opportunities for the Latin American field,” Enrique Hennings, head of IFAD’s Multi-Country Office for Mesoamerica, the Caribbean and Mexico, said in a statement.
“The union of technology startups and small agricultural producers is driving significant change in the field, generating a positive impact on economic development, financial inclusion and sustainability in rural communities,” said Christina Olsen, Director of the Innovatech Project. This synergy makes it easier for small and small farmers to use innovative financial tools and technological solutions that were previously not within their reach, reducing the digital divide from different approaches, promoting:
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