Established in 2010, Musoni became the first completely cashless microfinance institution in the world, by enabling customers to receive and repay their loans via Safaricom’s M-PESA system, rather than in cash. «Kilimo Booster», a loan product designed by Musoni, provides farmer loans with flexible terms & grace period based on seasonal cash flow.

Visit the Digital Agriculture website for the full Musoni report or download it below.

You can learn more about USAID’s Digital Development for Feed the Future (D2FTF) project here.

Claudine Lim

Manager at The Principles for Digital Development

Claudine first joined the Digital Impact Alliance in October 2017, shortly after receiving a dual masters in international relations and public relations from the Maxwell School and S.I. Newhouse School at Syracuse University. After working as a Program Coordinator and Researcher for DIAL’s Business Operations, she is currently working with the Principles of Digital Development.