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Experts suggest tech-enabled business model for farmers, MSMEs

Business experts have asked financial institutions to explore sustainable tech-driven models for better financial access and markets for Small Holder Farmers (SHFs) and Micro, Small and Medium-sized Enterprises (MSMEs).

Speaking at the Tech-enabled Business Model Roundtable meeting convened by the USAID-funded Feed the Future Nigeria Rural Resilience Activity yesterday in Abuja, stakeholders agreed that driving tech-enabled solutions and digital innovations was essential to smallholder farmers and businesses in the country.

Dr. Paul Oluikpe, Head, Financial Inclusion Delivery Unit, Central Bank of Nigeria, and Dr. Atuaz Kola-Oladejo of the Financial Services Innovators emphasised the use of tech-driven products that are centred on the needs of the customer to close the financial inclusion gaps in the nation.

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Mrs Edna Ishaya, Managing Director, Centre for Micro Enterprese Development and Mr. Lawrence Enyenihi. General Manager, Corporate Services, iNterra Networks, spoke on various ways of connecting smallholder farmers and MSMEs to premium marketplaces through digital platforms.

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