Nairobi, Kenya – July 18, 2024 – At Pathways Technologies Ltd, we are at the forefront of advancing agriculture through innovative digital solutions. In partnership with GIZ and KALRO, we are proud to introduce two pivotal tools designed to revolutionize the agricultural sector: the Credit Scoring Model to De-risk Lending to Farmers and the Field Boundary Delineation Application.
Credit Scoring Model to De-risk Lending to Farmers
Access to credit is a crucial element in the development of Kenya’s agricultural sector. Traditional credit models often overlook the unique aspects of farming, leading to the financial exclusion of many farmers. Our innovative machine learning-powered credit scoring model addresses this gap by leveraging alternative data sources, including those from the Ministry of Agriculture and Livestock Development (MoALD). Â
This model meticulously analyzes historical yields, weather patterns, and market transactions to generate comprehensive farmer profiles. It classifies risk levels and offers tailored pricing for lenders, thereby enhancing financial inclusion. By enabling lenders to make informed decisions, our model supports modern farming practices and ensures that farmers have the necessary resources to thrive.
Field Boundary Delineation Application
Accurate field boundary identification is fundamental for effective farm management. Developed in collaboration with GIZ and KALRO, our Field Boundary Delineation Application utilizes advanced GIS and satellite imagery to map and manage field boundaries with precision. Â
Farmers can create digital maps in real time using GPS devices and overlay various data layers, such as soil types and crop yields. This tool significantly aids in decision-making processes and facilitates collaboration among farmers and other stakeholders. By providing a clear and precise understanding of field boundaries, the application helps optimize resource use and boosts agricultural productivity.Â
We recently hosted a Stakeholders Engagement Workshop in partnership with GIZ, bringing together key players from the agricultural ecosystem, including farmers, lenders, extension workers, government bodies, and NGOs. This workshop was a platform for gathering invaluable feedback on our tools.Â
Participants provided critical insights and suggestions for improving both the Credit Scoring Model and the Field Boundary Delineation Application. This feedback is instrumental in refining our solutions to better serve Kenya’s agricultural community and drive sector-wide transformation. Our collaborative approach ensures that our innovations are not only technologically advanced but also practical and user-centric.Â
Pathways Technologies Ltd is dedicated to developing digital innovations that promote sustainable economic development. Through our strategic collaborations with key partners, we are committed to creating data-driven solutions that address the unique challenges of the agricultural sector. Our mission is to empower farmers with the tools they need to succeed in an increasingly digital world.Â
By harnessing the power of technology, we aim to transform agriculture, making it more efficient, inclusive, and sustainable for the future.
For more information about our solutions and ongoing projects, please contact us via email on info@pathwaystechnologies.com. Together, we can drive the agricultural transformation needed to ensure a prosperous future for all.
Pathways Technologies Limited
Email: info@pathwaystechnologies.com
Phone: +254 771 616 839