Nigeria's ThriveAgric Partners With Heifer International to Financially Empower 125,000 Farmers
ThriveAgric, a Nigerian agritech company, has announced a new initiative to empower 125,000 farmers across the country financially.
The initiative, which is called the AYuTe (Agriculture, Youth and Technology) Project, is being implemented in partnership with Heifer International, a global nonprofit organization.
The AYuTe Project will provide farmers access to financial services, including bank accounts, debit cards, and loans.
The project will also provide farmers with training in financial literacy and business management.
The AYuTe Project targets smallholder farmers in eight northern Nigerian states: Adamawa, Gombe, Yobe, Jigawa, Kaduna, Kano, Katsina, and Bauchi.
These states are home to many farmers, but they are also some of the poorest states in Nigeria.
ThriveAgric’s CEO, Ayodeji Arikawe, said that the AYuTe Project is designed to help farmers break the cycle of poverty.
Heifer International’s Country Director for Nigeria, Rufus Idris, said that the AYuTe Project is a unique initiative that will significantly impact Nigerian farmers’ lives.
The AYuTe Project is expected to be completed within the next twelve months.
ThriveAgric and Heifer International are working with a number of partners, including banks, mobile money operators, and government agencies, to implement the project.
The AYuTe Project is a significant development for the Nigerian agricultural sector.
It is one of the first initiatives to give smallholder farmers access to financial services at scale.
The project is expected to positively impact the lives of thousands of farmers and their families.
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