Intro: [00:00:00]
Sharon Idahosa: [00:43:00] Hello beautiful people. Welcome to the Let's Talk Agriculture podcast show, where we bring you the latest trends, opportunities, and innovations in the agriculture industry. Now this episode is brought to you by Opportunity International, a nonprofit organization equipping families with the tools [00:01:00] and training that they need to build their businesses, improve harvest, provide for their families and send their children to school, and even break the cycle of poverty.
Now talk about innovative financial solutions. They can help families living in extreme poverty to build sustainable livelihood. Now, if you'd like to learn more and support the work that they do, quickly visit opportunity.org. Now, this is me bringing to you the impact that they have created so far when it comes to gender financing.
We already know that women face so much challenges when it comes to getting access to finance. And if you're one of those, this is the best place, you know, to, you know, learn and get access to this initiative that they've put in place for you as a woman. And of course, if you are one of those supporting women, this is the best place to go.
So, I encourage you to really just check out opportunity. org to see the best [00:02:00] ways that you can benefit. So, joining me today is Tim Strong, head of agricultural financing at Opportunity. Tim has successfully led the agri finance initiatives with his team in Malawi and beyond. Hello, Tim. Thank you so much for joining the show today.
How are you doing?
Timothy Strong: Thank you, Sharon. I'm really excited. As I said about it being Friday, I'm looking forward to the weekend ahead. It's absolutely a pleasure to be invited to join you on the podcast today.
Sharon Idahosa: It's a pleasure to have you. I mean Fridays just look almost the same to me anyway. So, yeah, I looked through, um, the recent feature with you and your team on Bloomberg and I must say that you have done incredibly well.
I mean a great job so far. So, I mean, why don't you share with us Um, the objectives of the gender finance projects and the implementation in Malawi. I know it was Implemented in Malawi or is it beyond Africa already? But I mean, let's just have this as a case study.
Timothy Strong: Very cool Sharon So, um, it's definitely been a [00:03:00] pleasure to be able to spread the good news I think you and I have some very similar perspectives in terms of the gospel of the small holder farmer Uh, for us at Opportunity, it's really been a journey for us as we've continued to really focus what we do on listening to our clients.
Um, so a lot of what, uh, you referenced to in terms of the Bloomberg article and how we're innovating with generative artificial intelligence to support farmers, it all boils down to that same piece is how do we make sure that we implement human centered design. How do we become specialists and listening to the needs of the variety of clients that we have for opportunity has been, uh, as I said, a journey and we've been in operations now for over 53 years
Organizationally We've been able to reach over 19. 4 million clients and 95 percent of those whom are women. And we've partnered with 130 different financial institutions across 33 countries within our overall lending book of roughly 2. 3 billion. Um, over 450 million of [00:04:00] that, uh, is financing directly the unlock. Um, so for us, we really see our mission and our mandate to really make sure that we're bringing together the right partners and the right relationships to access, uh, to really have a centered focused on X.
It's really, you know, capital as an access piece for farmers, training and support networks. Um, really a lot of this, uh, builds up on that, but, um, for our team and our program. We've come together for agricultural finance around a belief in rural prosperity. How do we really see that farmers are the major driving engine of economic growth in a