Digitalization in agriculture can develop a risk-averse Agri-lending business model

Digitalization in agriculture can develop a risk-averse Agri-lending business model

May 17, 2023Posted inAgri TechNo Comments

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Digitalization in agriculture can develop a risk-averse Agri-lending business model

Smallholder farmers are central to the global food system as they cultivate a sizable portion of the world’s agricultural land. About 84% of the 570 million farms globally are smallholders who farm less than two hectares of land. According to a study published in World Development, they operate about 12% of all agricultural land and produce approximately 35% of the world’s food.