The Rural Financial Services (RFS) projects lead several deliverables designed to build a strong and self-sustaining rural financial sector with improved access to credit for smallholder farmers and mobilization of rural savings.
The projects focus on strengthening the capacity of Rural Saving and Credit Cooperatives (RuSACCOs) in finance management, introducing new financial products, and improved delivery mechanisms. RFS also works on projects such as Input Voucher System (IVS). The IVS and its digital equivalent, eVoucher, were designed to automate and modernize agricultural input sales and enhance smallholder farmers’ access to finance. The eVoucher system helps digitalization of the agricultural input payment system by making it more centralized, transparent, and web-based, and creating alignment with micro-finance institutes (MFIs).