lesley deynes, programme director, mercy corps
DESCRIPTION
http://www.catchtalk.tv/events/gfia2014/videos/lesley-deynes-programme-director-mercy-corpsTRANSCRIPT
LESLEY DENYES PROGRAMME DIRECTOR
MERCY CORPS
35
3-4 February 2014 Global Forum for Innovations in Agriculture, Abu Dhabi
Lesley Denyes, Agri-Fin Mobile Program Director
Presentation Overview
Part 1: About Mercy Corps
Part 2: About Agri-Fin Mobile
Part 5: Challenges and Future Trends
Mercy Corps
35 Part 1: About Mercy Corps
Mercy Corps is an international development agency working amid disasters, conflicts, chronic poverty and
instability, activating untapped human potential to create lasting change.
Since 1979, Mercy Corps has provided $1.5 billion in assistance to people in 106 nations. Supported by headquarters in North America and Europe, the
agency’s global programs employ 4,500 staff worldwide and reach 19 million people in more than
40 countries.
An Overview Mercy Corps
Where we work Mercy Corps
Sectors of Engagement Agriculture & Food Security
Civil Society, Conflict & Peace building
Climate/Environment & Energy Poverty
Democracy & Governance
Disaster Risk Reduction
Economic & Market Development Education
Emergency: Food & Non-Food Distribution, Shelter, Water/Sanitation, Food & Commodity Management, Material Aid Financial Inclusion: literacy, microfinance, insurance, franchising, branchless
Gender, Women & Girls
Health: Child Survival; Community Health, Health Services Delivery, HIV/AIDS, Nutrition, Psychosocial, Reproductive,
Infrastructure Rehabilitation Refugees/IDPs/Returnees Social Innovations: social enterprise, technology, partnerships Sustainable Resource Management Youth employment, enterprise & skills training Water/Sanitation
Mercy Corps
*Financial Services active in 22 countries with equity in16 banks/MFIs
MFIs
Mercy Corps
Financial Services: Active in 22 countries; has equity in 16 banks and MFIs
Mobile Phone Penetration Mercy Corps
M-banking Programming
PHILIPPINES: Bank, Telco, MFI partnership model converting ewallets to mobile bank accounts and expanding service to unbanked (Gates Foundation)
INDONESIA: Wholesale Bank provides technology and product platform for thousands of MFIs to expand service to millions of poor clients through POS/mobile (Gates Foundation)
HAITI: Bank & MNO partnership to provide cash-for-work post-disaster to thousands of earthquake victims
UGANDA: Working with mobile network operators to do ag value chain payments
ZIMBABWE: Developing mobile savings, loans and insurance with leading operator
Focus on Mobile Banking Mercy Corps
Worldwide, m-banking is beginning to deliver affordable financial services to millions of the world’s poor by:
• Lowering cost of access • Increasing range of services • Helping provide financial identity, control • Extending branchless banking network to
underserved areas – rural and low income • Reducing fraud
Has strong potential in countries with limited banking infrastructure, and high cell phone penetration
Financial Inclusion Approach
CREDIT • Short-term enterprise and farm loans • Group-based lending • Buyer and supplier credit • Agriculture-specific loans (long-term
investment loans, lending against warehouse receipts)
SAVINGS • Passbook accounts • Time deposits • Purposeful savings,
e.g. retirement, housing
INSURANCE
• Life insurance • Health insurance • Crop insurance
LEASING
REMITTANCES PAYMENTS & TRANSFERS
Delivered through highly accessible client touch points (ATM, mobile, agents) based on the key consumer protection principles.
Mercy Corps
35 Part 2: About Agri-Fin Mobile
SDC funded project to improve incomes of smallholder farmers (SHF) through scalable & sustainable business models Phase 1: 3 countries, 3 years, $2.8m, 180,000 SHF Phase 2: 8 countries, 2 years, $3m, 1m SHF Funding supports: • Research & Product Development • Application & Interfacing Development • Lessons Learned Sharing & Dissemination • Open sub-grants for partner support
Supported by: Partner in-kind contributions, MC programs
The SDC Grant
Agri-Fin Mobile
The Agri-Fin Mobile Program facilitates sustainable shared
business models between app
providers and banks reaching small holder farmers
through development,
integration and implementation
processes to provide a win/win/win of
access to market, technical and
financial services.
Bundling Mobile Apps & Financial Services for Smallholder Farmers
Agri-Fin Mobile
Improved Access “Bundled Services”
Agri-Fin Mobile Uganda
Mobile Bundling Approach:
Agri-Fin Mobile: UGANDA
What Does This Mean for Farmers?
Agri-Fin Mobile
1. Identify Primary Commodities
2. Value Chain Analysis
3. Product Development Research
4. Partner Formalization
5. Application Development & Interface
6. Training & Implementation
Methodology
Agri-Fin Mobile
Each ecosystem requires… ü MNOs ü Financial Institutions ü Platforms ü Content Providers ü Channels to Small Holder Farmers ü Supporting Organizations
… to build a comprehensive suite of services & operational business model.
The Ecosystem Approach
Agri-Fin Mobile
35 Part 5: Challenges & Future Trends
Mobile Phone Penetration
What Works & Future Trends
ü Agri-Fin Mobile reaching over 140,000 farmers in 3 countries
ü Seeing measurable impact of applications
ü Driving commercial relationship with banks & MNOs
ü Buyer records used for credit scoring
ü Mobile being used throughout the value chain
ü Bundle with financial services off-sets costs for information
New Models in Digital Financial Inclusion