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Three Steps to Jumpstart Agriculture Mobile Payments: Step 3 – Overcoming farmers’ illiteracy, financial illiteracy and lack of trust
In the third and final post in his series on embedding mobile payments by large buyers to farmers into agricultural value chains, Lee Babcock considers the need to overcome farmers’ illiteracy, financial illiteracy and, perhaps most importantly, lack of trust.
- Categories
- Agriculture
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A Year in the Life: The U.S. Financial Diaries Project’s groundbreaking exploration of the financial activities of low and moderate-income Americans
The U.S. Financial Diaries project collected highly detailed data on the financial activities of 250 lower-income households over the course of a year. A joint initiative of NYU’s Financial Access Initiative (FAI), CFSI and Bankable Frontier Associates, the project has begun publishing preliminary findings. We spoke with Tim Ogden, managing director of FAI, about the research.
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- Education