Developing Financial Technology (Fin Tech) for Agriculture in Indonesia

Financing the agricultural sector is critical for enhancing agricultural productivity, technology adoption, and rural development in developing countries including in Indonesia. However, smallholder farmers still encounter difficulties in obtaining access to credits and other financial services. To this end, financial technology (Fin Tech) has been seen as a potential solution to overcoming limited access to finance. Despite its recent growth, applications of Fin Tech in agriculture especially among smallholder producers remain limited. The purpose of this study is, therefore, to formulate interventions for scaling up the uptake of agricultural Fin Tech in Indonesia.