@thesis{PokamTchawa2023, author = {Pokam Tchawa, Abubakar}, title = {P2GF (people to group of farmers) lending model for agriculture financing in Sub-Saharan Africa, with a focus on Cameroon.}, publisher = {Technische Hochschule Ingolstadt}, address = {Ingolstadt}, url = {http://nbn-resolving.de/urn:nbn:de:bvb:573-36400}, pages = {106}, school = {Technische Hochschule Ingolstadt}, year = {2023}, abstract = {This study identifies aspects impeding the availability of agricultural financing in sub-Saharan Africa, specifically in the Republic of Cameroon and proposes an alternative source of financing called the P2GF (People to Group of Farmers) lending model for agriculture financing in sub-Saharan Africa. In Cameroon, over 40\% of people work in agriculture, but its growth has been hindered by tremendous financial difficulties. Although government subsidies, microfinancing and middleman financing have been used to finance this sector, the impact has not been as great due to inefficiency, remoteness of smallholders and a lack of management skills. The lack of adequate data, as well as the lack of a strong technical infrastructure and robust legal system, have also limited the ability of financial technology like biometrics, artificial intelligence and cloud computing to have a significant impact on agricultural finance as in other financial sectors such as insurance, remittances and online banking across the globe. A SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the current agricultural financial solution providers in Cameroon was performed using secondary resources from past research. This was followed by the proposal of the P2GF (People to Group of Farmers) lending model for agricultural financing that leverages mutual trust and social ties between smallholders to guard against agricultural loan default risk. Additionally, the model allows investors to invest in agricultural loans while diversifying their investment portfolios to avoid bad investments. Over 50 interviewees and 100 survey respondents proved that the solution is viable through primary research. The smallholders demonstrated a long-standing mutual trust built through group work and other participants interviewed who were not farmers showed an interest in farming and felt investing in a group was more beneficial. A web-based solution is presented at agrinkap.com to illustrate how information technology can be used to increase agricultural finance accessibility using the P2GF model.}, language = {en} }