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Bangladesh has one of the fastest growing economies in the world, and since 2011 when mobile financial services were introduced, Bangladesh has seen a massive uptake. The mSTAR Project is capitalizing on the popularity of mobile financial services to strengthen the agricultural sector and improve farmers' economic resilience.
USAID can help missions and partners identify specific challenges in value chains and corresponding DFS solutions to increase digital financial inclusion for smallholder farmers. Digital financial services help USAID projects run more efficiently and allow farmers to connect to the financial ecosystem, giving them tools to support their economic livelihoods long after the projects have ended.