Baked Potatoes & Chicken Curry
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Reset, Reflect and touch grass.
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Programmable Money Can Solve The Agricultural Financing Gap in Kenya: -> Only 3-5 % of agricultural credit reaches Kenya's smallholders despite agriculture being 21.8% of GDP. -> Traditional lending costs KES 10,000-50,000 per farmer to underwrite, making KES 50K loans unprofitable for banks. -> Programmable money automates verification, reducing underwriting costs to KES 200-1,000 per farmer. -> Farmers with verified sales history can access KES 100K-150K loans at 12-18% interest rates instead of 40%+. ->Loan approvals take 24 hours instead of 6-8 weeks. ->Repayment is automatically deducted from farmer payouts, eliminating enforcement costs. ->2-3M commodity crop farmers in Kenya fit this model. -> KES 1 trillion in additional annual credit could flow to agriculture if this reaches 2M farmers. -> Platforms can achieve profitability in 2-3 years, not the 7-10 year burn typical of fintech. What's the ONE question you'd ask before investing in this?
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