TED: A transparent, easy way for smallholder farmers to save | Anushka Ratnayake

TED: A transparent, easy way for smallholder farmers to save | Anushka Ratnayake

Assessment

Interactive Video

Business, Other

11th Grade - University

Hard

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The video discusses the financial challenges faced by smallholder farmers, who often lack cash at critical times. It highlights the need for savings rather than credit, as farmers can save small amounts over time. Milagro's program helps farmers save for seeds and fertilizer, improving yields and income. The program uses familiar technology, like scratch cards, to facilitate savings. It has significantly impacted farmers, especially women, by increasing their income and breaking the cycle of poverty. Milagro aims to expand its reach to 1,000,000 farmers, reducing poverty and hunger in West Africa.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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