Economic resources

Empowering female farmers in Senegal through innovative savings program

The context

Women serve as the backbone of the rural economy, especially in low/middle income countries, yet they have less access to financial resources, land, improved inputs, and agricultural information compared to men. In Senegal, women farmers make up to 70% of the workforce and produce more than 80% of crops, especially food crops. However, they produce 20-30% smaller harvests than male farmers.

The project

myAgro has developed an innovative savings program to help farmers double their farm income and move out of poverty. The Mobile Layaway system allows farmers to purchase seeds, fertilizer, and farming equipment little by little, week by week, by using their mobile phone. In Senegal, myAgro is partnering with women’s savings groups, enabling more women to access the layaway program, as well as comprehensive training and in-field support.

Fondation CHANEL is supporting myAgro to expand its partnership with women’s savings groups and broaden its activities to other regions in Senegal.

The partner

myAgro is an award-winning social enterprise / non-profit in West Africa that uses a mobile technology platform to provide a comprehensive set of services: Access to fertilizer and seed packages on layaway, on-time delivery and technical training and on-farm follow up.