Agrotrack Lending

AgroTrack is a platform that will collect alternative data of farmers such as mobile activities (including frequency of loading/buying airtime, duration of phone calls, and mobile money transactions), expense and revenue data via SMS, agronomic data, market data, remote-sensing data, behavioral economics, and demographic data to create detailed yield estimates and assess credit risk.

Dataware’s data science team will leverage the datasets to build, train and deploy a model that would serve as a proper bank risk mitigation tool, allowing credit providers to make informed lending decisions, which expand access to financing for smallholder farmers. With the credit profiles created, AgroTrack will also set out a crowd farming platform for smallholder farmers to attract funding for their projects through peer-to-peer lending. The Crowd farming service will enable the working-class in the cities and farming communities pool funds together, invest in rural farmers, and take a share of the profits at harvest time.