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LOS BANOS, Laguna, Feb 24 Finance is a driver of growth in the agriculture sector but improving farmers’ access to financial instruments is also key to their adoption of better farm technologies for greater productivity.
The prospects of financial technology (FinTech) in linking farmers with financial services outside the traditional banking system and improving the value chain are rife. This was explored during a recent online forum on the potential of FinTech in advancing agricultural development in the Philippines jointly organized by the Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) and SyCip Gorres Velayo & Co. (SGV).