Harvesting wins Best FinTech Award at African Microfinance Week

Harvesting FMO.jpeg

Catalyst Fund Investee Harvesting, won the FMO FinTech for Microfinance Prize of EUR 10.000 at the African Microfinance Week (SAM) in Addis Ababa, Ethopia. 

The jury consisting of FMO, the African Development Bank and Accion, chose Harvesting due to the scalability of its solution and that it uses satellite data information to fill a widespread information gap within the current financial system. This allows financial institutions to issue (new) loans to farmers and to better manage their agricultural portfolio since Harvesting provides information on farmers' crops, acres and production activities.