aBi Trust5,000 coffee farmers to access funding through mobile money
A new agriculture funding line will exploit the mobile money platform to reach 5,000 coffee farmers again showing the impact mobile commerce is having in boosting financial inclusion.3,000 farmers will initially be reached in the aBi trust-Opportunity bank partnership in the districts of Mubende, Mityana and Masaka which are major coffee growing areas. According to aBi Trust, a collaboration between Denmark and the Ugandan government with funding from several agencies, the programme kicks off immediately.aBi Trust’s partnership with Opportunity Bank will exploit the bank’s relationship with MTN and Airtel which enables farmers make deposits and withdrawals through their mobile phones without having to physically come to the bank’s networks. Read more