Under the Mobile Solutions Technical Assistance and Research (mSTAR) program, Enclude conducted an Assessment of the Potential for Digital Financial Services in Agricultural Value Chains, in partnership with FHI 360 and the U.S. Agency. for International Development (USAID). The purpose of the study was to assess the potential for DFS to contribute to value chain efficiency and improved agricultural productivity by expanding financial services. The main objectives of the assessment were to advance the understanding of:
- Payment flows and payment service providers in select agriculture value chains
- Potential for DFS to enhance the efficiency of existing products and transactions within the value chains, enable new partnerships, business models, and product design, and thereby contribute to improved livelihoods
- Value chain actors’ familiarity with and openness to DFS, particularly mobile-based payments
The assessment report elaborates on the assessment findings, which shed light on the challenges faced by Myanmar’s agriculture sector and the readiness of the sector for DFS. Based on these findings, the report also includes recommendations on ways in which DFS could contribute to greater agricultural productivity and rural development, as well as areas for stakeholder investment and support to further develop DFS in the country.
Download the report: Supporting Digital Financial Services in Myanmar: Assessment of the Potential for Digital Financial Services in Agriculture Value Chains