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GCash enters agrifintech with Mayani, seeks to bridge Philippines’ $6B agri-credit gap 

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Agriculture

GCash enters agrifintech with Mayani, seeks to bridge Philippines’ $6B agri-credit gap 

November 30, 2023 by Asia Food Journal

mayani

Manila, Philippines - Agriculture is considered to be a crucial economic backbone of the Philippines, with almost 60 percent of the nation’s poor employed in the sector’s agriculture, forestry, fishing, and aquaculture industries, according to the World Bank in 2023.  Despite it being the primary economic activity in rural Philippines, the Banko Sentral ng Pilipinas cited in 2018 that the credit gap for the sector sits at over 360 billion pesos ($6.3 billion), highlighting fundamental … [Read more...] about GCash enters agrifintech with Mayani, seeks to bridge Philippines’ $6B agri-credit gap 

Other Topics: agriculture, Agrifintech, Agritech, GCash, Industry, Mayani, Mynt

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