Increase in Digital Payments for Farmers in Lindi and Mtwara Regions

TLDR

• LINDI: Farmers in Lindi and Mtwara regions are increasingly turning to digital payments to receive crop proceeds, reducing reliance on cash while gaining access to financial services that can support investment, improve.
• These figures demonstrate the growing confidence farmers and cooperative societies have in digital payments,” Saidi said.
• The expansion of digital payments is increasingly linking financial inclusion with agricultural productivity, giving farmers faster access to proceeds while creating opportunities to save, borrow, invest and reinvest in.
• For farmers in Lindi and Mtwara, the growing shift from cash to digital transactions could therefore help reduce transaction costs while strengthening their participation in formal financial markets and the wider.
• The shift was highlighted during the Vuna na Mixx event at the Nane Nane Agricultural Exhibition at Ngongo Grounds in Lindi, where farmers who used Mixx by Yas services during the previous farming season were rewarded.