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Impact of farmers’ access to ICT services on household savings & credit payment. Experiences from the Philippines. Research Objectives. Understand how mobile/ICT applications changes farmer access Understand key elements of farmer adoptions
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Impact of farmers’ access to ICT services on household savings & credit payment Experiences from the Philippines
Research Objectives • Understand how mobile/ICT applications changes farmer access • Understand key elements of farmer adoptions • Understand MFIs capability of pursuing new farmer segments, capture greater farmer data and promote cross-selling through ICT-based agriculture tech support and ultimately mobile money
Research Methodology • Agri ICT Services • Nutrient Manager • Crop Manager • e-Extension, Elearning (ATI) • Agriculture & Fishering Market Information System 111 farmer respondents Malapatan Multi purpose Cooperative Sarangani, Mindanao 112 farmer respondents First Consolidated Cooperative Along Tañon Seaboards Cebu City, Visayas MFIs Households
INITIAL FINDINGS • Farmers’ savings and credit payment • Relation between the access to ICT services and Farmers’ savings and credit payment level • Comparative analysis for Sarangani and Cebu • Perception of farmer households on the ICT services
Farmers’ savings and credit payment • Farmer household spending pattern/priorities
Farmers’ savings and credit payment • Savings Method
Farmers’ savings and credit payment • Savings Challenges
Farmers’ savings and credit payment • Loan history
Relation between the access to ICT services and Farmers’ savings and credit payment level • Farm production • Farm production quality • Farm improvement • Demand for farm technical assistance
Relation between the access to ICT services and Farmers’ savings and credit payment level • Farm production
Relation between the access to ICT services and Farmers’ savings and credit payment level • Farm production quality
Relation between the access to ICT services and Farmers’ savings and credit payment level • Farm improvement
Relation between the access to ICT services and Farmers’ savings and credit payment level • Demand for farm technical assistance
Comparative analysis for Sarangani and Cebu • Savings & Credit payment patterns • Farmer household production & improvement priorities • Demand for technical assistance • Climate change coping mechanism • Farmer entrepreneurship
CONCLUSIONS • Farmers need human intermediaries to facilitate learning process and actual use of ICT services • Access to ICT services, household savings and repayment capacity are not correlated to richness or poorness of the area • Relation between access to ICT services and repayment capacity is much more complicated that need to be thoroughly investigated. • ICT services can also be utilized for capacity building of MFIs whose impact will trickle down to the farmers • Great need to develop farmer entrepreneurship through ICT services.