CommodityRetailer
CommissionAgent
InputDealer
CommodityWholesaler
CommodityCollector
InputRetailer
SmallholderFarmer
Digital Financial Services for Agriculture: Opportunities in Bangladesh
Use cash
Mostly use cash, occasional bank transfers
Mix of digital and cash payments
High ownership and use of mobile phones
Cash �ow
Savings/credit opportunities
Transaction opportunities
Most have bank accounts
Formal �nancial service access is mixed
Low use of formal �nancial services
Savings/credit opportunities• Tailored savings products• SME loan facility with seasonal �exibility
Savings/credit opportunities
• Tailored savings products• Working capital or SME
loan facility with seasonal �exibility
Savings/credit opportunities
• Tailored savings products
• Working or SME loan facility with seasonal flexibility
Savings/credit opportunities
• Tailored savings products
• SME loan facility with seasonal �exibility
Savings/credit opportunities
• Tailored savings products
• Working capital or SME loan facility with seasonal �exibility
Savings/credit opportunities• Goal-based savings scheme• Micro-credit with �exible repayment
and a�ordable interest rate
Savings/credit opportunities
• Tailored savings products
• Working capital loan facility with seasonal �exibility
KEY
School/College (fees)
Insuranceproviders
Family andfriends
LaborersLandowners
Other payment types(e.g. merchants, utilities, bills)
DISCLAIMER: This document is made possible by the generous support of the American people through the United States Agency for International Development (USAID). The views expressed here do not necessarily reflect the views of the U.S. Agency for International Development or the U.S. Government. mSTAR offers on-demand technical assistance to support USAID implementing partners and DFS providers in Bangladesh to introduce digital financial services within the agriculture sector in Bangladesh. To learn more about technical assistance options, contact Md. Majidul Haque, Technical Lead at [email protected].
Almost half of the population of Bangladesh is employed in the agriculture sector, which accounts for roughly 15% of the country’s GDP. Yet despite rapid growth in digital financial services, particularly mobile money, formal financial products tailored to the agriculture sector are still generally lacking. This infographic attempts to illustrate some of the opportunities that already exist to digitize transactions, savings, and credit within the Bangladeshi agriculture sector. For a much more detailed analysis, refer to our report
(mouse over for details)
