Inflection Point: Unlocking growth in the era of farmer finance

This report captures the way the smallholder finance space currently operates by describing the key actors and the nature of their interactions, and by conceptualizing these in a new “industry model;” identifies market frictions across the major components of the “industry model” that continue to inhibit smallholder farmers’ access to financial services, and opportunities for removing them; and rallies sector actors around the need for more collective action than ever before. Dalberg Global Development Advisors led this research under guidance from the Initiative for Smallholder Finance (ISF), which is incubated by the Global Development Incubator (GDI), and the Rural and Agricultural Finance Learning Lab, which is jointly implemented by GDI and Dalberg. This research draws on interviews with representatives from nearly 80 different organizations.