Updated May 15, 2019

Sierra leone 0002 (7542297444)

Inventory Credit

Part of Innovations for Poverty Action

Combining Storage and Savings To Increase Income

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Dungrila Pascal mbimenyuy

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Stage 3: Proof of Concept

Registered in Sierra Leone.

Focus Areas:

Agriculture, Economic Growth and Trade, Post Harvest and 2 MoreSEE ALL

Agriculture, Economic Growth and Trade, Post Harvest, Social & Micro Finance and TechnologySEE LESS

Implemented In:

Sierra Leone

Sierra LeoneSEE LESS

1
Country Implemented In
$230,145
Funds Raised to Date
Verified Funding
?

Innovation Description

To provide access to credit an access to storage technology in rural markets, thereby substantially increasing revenue from seasonally priced crops.
How does your innovation work?
Under this program, farmers receive harvest time loans, in exchange for providing their harvest to the Bank as collateral. The program will pilot Inventory Credit in 40 communities In Sierra Leone. A randomized evaluation (RE) will evaluate the impacts of the program across a large set of indicators, notably take up of inventory Credit, profits and income, timing of sales (storage use), and production and investment choices.

Milestones

Date Unknown
Created
Date Unknown
New Country Implemented In
Sierra Leone