Do you want to comment or know more? 

rabofoundation@rabobank.nl

Small-scale farmers abroad face major challenges. For example, farmers often produce as little as 20% of their potential. More than 1/3 of the food they grow is lost in the chain and less than 15% of the total credit requirement is met.

— Urgent problems that require innovative solutions. By applying digital innovation, we can reach more farmers faster and offer a solution to the challenges. The result is a better understanding of the challenges, lower-cost financing and better organised food chains.

— But are we innovating fast enough? Given the challenges, things cannot move fast enough, but at the same time, innovations must also be supported by farmers. Availability and quality of data are issues that, as in the Netherlands, require a great deal of attention and also set the pace. There are major differences around the world and it is striking how Asian startups are developing. They have a unique combination of advanced IT knowledge and a potential customer group of hundreds of millions of small farmers in their backyard. By supporting them smartly, we can increase our impact relatively quickly with new data-driven organisational models. In some areas, this even leads to a technological advantage.

— We now apply innovative solutions to more than 35 projects. An important part of this is a mix of rapidly-applicable applications and more long-term experiments. This means more customers per loan officer through data analytics, but also training through gamification and pilots with satellite data. We also expressly work with existing cooperative partners. Although a cooperative must never be an end in itself, we believe that even in a data-driven world, the cooperative principles of collaboration and joining forces remain of immense value to enable farmers to benefit fully from data-driven products. For example, we combine 45 years of experience in cooperative agricultural financing with the latest insights into data science and digitisation. The fact that we can call on expert colleagues, together with the bank's long-term vision and focus, makes us unique and enables us to be a real leader in innovation.  

black-white

‘No progress
without
innovation.’

‘No progress
without
innovation.’

black-white


Do you want to comment or know more? 

rabofoundation@rabobank.nl

Small-scale farmers abroad face major challenges. For example, farmers often produce as little as 20% of their potential. More than 1/3 of the food they grow is lost in the chain and less than 15% of the total credit requirement is met.

— Urgent problems that require innovative solutions. By applying digital innovation, we can reach more farmers faster and offer a solution to the challenges. The result is a better understanding of the challenges, lower-cost financing and better organised food chains.

— But are we innovating fast enough? Given the challenges, things cannot move fast enough, but at the same time, innovations must also be supported by farmers. Availability and quality of data are issues that, as in the Netherlands, require a great deal of attention and also set the pace. There are major differences around the world and it is striking how Asian startups are developing. They have a unique combination of advanced IT knowledge and a potential customer group of hundreds of millions of small farmers in their backyard. By supporting them smartly, we can increase our impact relatively quickly with new data-driven organisational models. In some areas, this even leads to a technological advantage.

— We now apply innovative solutions to more than 35 projects. An important part of this is a mix of rapidly-applicable applications and more long-term experiments. This means more customers per loan officer through data analytics, but also training through gamification and pilots with satellite data. We also expressly work with existing cooperative partners. Although a cooperative must never be an end in itself, we believe that even in a data-driven world, the cooperative principles of collaboration and joining forces remain of immense value to enable farmers to benefit fully from data-driven products. For example, we combine 45 years of experience in cooperative agricultural financing with the latest insights into data science and digitisation. The fact that we can call on expert colleagues, together with the bank's long-term vision and focus, makes us unique and enables us to be a real leader in innovation.