Tingo Mobile, Africa’s leading agrifintech company, has signed a Memorandum of Understanding (MOU) with the All Farmers Association of Nigeria (AFAN) to increase the productivity of Nigerian farmers. 1 million farmers nationwide.
of Smartphones have applications that allow farmers to communicate and trade with the rest of the world.
Tingo Mobile, on the other hand, provides loans to farmers for agricultural inputs such as seeds, tractors, fertilizers, chemicals, cash loans, and device services, and repays the loans in 36 months when farmers harvest. agricultural products.
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Ayoola Olaide, chief commercial officer of Tingo Mobile, said the company will provide telecommunications and fintech solutions that bring farmers together and enable them to access global markets.
He further said the initiative will also have gadgets for farmers to use to upload their produce, which can also be sold and paid for at once.
In his words, “We bring together farmers across the country, telecommunications and fintech solutions that enable farmers to access global markets, provide many incentive facilities, and ensure that farmers can We provide materials to help you: their products meet international standards and have access to global markets.
“Our business allows us to provide farmers with mobile gadgets that can be repaid over 36 months with minimal arrangements. The gadget gives farmers voice and data calls so they can upload their produce, sell and receive payments all at once.
“As technology advances, we are coming up with more solutions and we have partners all over the world. Over the years we have seen rural communities neglected, but we know that food is actually the most important thing in the world. You can change the world.
“We believe that with this initiative, working with AFAN, we can provide farmers with everything they need to succeed in business.”
Tingo’s partnership with the Nigerian Farmers Association (AFAN) is highly commendable. Because now there is a global food crisis that continues to cause severe hunger in countries including Nigeria.
Through this initiative, we will increase the country’s food production and address the problems of hunger and malnutrition that have led to loss of life.