A transparent, easy way for smallholder farmers to save | Anushka Ratnayake

TED Talks Daily

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4.1 • 11.9K Ratings

🗓️ 7 May 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

A safe space to save money is life-changing -- especially for the 60 million smallholder farmers in West Africa (the majority being women) who often live on less than two dollars a day. Poverty fighter Anushka Ratnayake introduces her nonprofit myAgro, which offers farmers a place to save small amounts of money and allows them to access those funds as they need them. Over the next five years, myAgro plans to reach a million farmers in West Africa, providing a stress-free, transparent and convenient system that empowers agricultural entrepreneurs by putting the purchasing power it takes to run a successful farm in their hands. (This ambitious plan is a part of the Audacious Project, TED's initiative to inspire and fund global change.)

Transcript

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0:00.0	You're listening to Ted Tuck's Daily, Heimily's Hugh.
0:07.1	What if there were a way to help farmers from Africa without giant subsidies?
0:12.2	In her Ted 2022 talk, Poverty Fighter Anushka Ratnaika explains how the work of her project,
0:18.2	my aggro, offers farmers a trusted and transparent way to save so they have cash at the time
0:24.5	they need it.
0:25.8	This work is part of the Audacious Project, a collaborative funding platform to support
0:29.8	groundbreaking ideas across the world, which this year raised $900 million.
0:35.9	We're sharing this year's winners here on Ted Tuck's Daily all week.
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