Crop2Cash provides smallholder farmers in Nigeria with digital payment solutions and access to premium agricultural inputs through its CashCard and C2C Marketplace platforms. This approach enhances financial inclusivity and improves crop yields, resulting in over 70% income increases for farmers.
Funding
$350K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
VCFounders
Product
Problem
Smallholder farmers in Nigeria often lack access to formal financial services, hindering their ability to receive payments digitally and build a financial identity. This limited access also restricts their ability to acquire high-quality agricultural inputs necessary for improving crop yields.
Solution
Crop2Cash provides a suite of digital solutions designed to enhance financial inclusion and improve agricultural practices for smallholder farmers in Nigeria. The CashCard platform enables farmers to receive digital payments via USSD technology, fostering a financial identity and reducing reliance on cash transactions. The C2C Marketplace connects farmers with premium agricultural inputs, such as fertilizers and seeds, promoting increased crop yields and sustainable farming practices. Additionally, Crop2Cash offers a national hotline providing real-time, personalized agricultural advice in local languages, further empowering farmers with the knowledge needed for success.
Target Audience
Crop2Cash primarily targets smallholder farmers in rural Nigeria who lack access to traditional banking services and struggle to obtain high-quality agricultural inputs.
Features
- CashCard: A USSD-based platform enabling smallholder farmers to receive digital payments and build a financial identity.
- C2C Marketplace: An online marketplace connecting farmers with verified suppliers of premium agricultural inputs.
- National Agriculture Hotline: An AI-powered system providing real-time, personalized agricultural advice in local languages via a toll-free phone line.
- Agent Network: On-the-ground extension agents who work directly with farmers to facilitate access to Crop2Cash services.
- Input Offers and Coupons: Discounted rates on agricultural inputs to improve affordability.