Western Kenya to buy in advance at harvest time fertilisers for the next growing season with free delivery. Forty percent of the farmers who were offered the option to buy in advance did. In the same experiment, Duflo compared the impact on fertiliser use with another group of maize farmers who were offered to buy fertilisers at subsidised prices during the growing season. The impact of offering to buy in
advance was equivalent to a 50% subsidy on fertiliser price.
The Value Proposition
A multi-stakeholder initiative that aims to digitize the payment system of the agricultural input supply chain, and increases modern agricultural input use and the penetration of mobile financial services in the rural areas.
The Next Steps
iCommit is currently being funded by the United Nations Capital Development Fund(UNCDF), and a six month pilot of the initiative is to start from December