Financing innovations for agricultural credit facility policy challenges in Uganda. Contextualizing the usefulness of the Decision Enhancement Credit Facilitation Approach (DECFA) for farmer financing

This paper outlines financial innovations that can generate controlled, quality and timely data on the credit management practices of smallholder farmers in Uganda, ideal for policy makers to strengthen the design and implementation of contextual agricultural financing policies. These financial innovations ensure that smallholder farmers are included in accessibility of financing opportunities as they are traceable and compliant to repayment. This would counteract agricultural credit facility policy challenges of poor record keeping by farmers, lack of collateral security and delayed loan processing as a result of delayed farmer verification. The paper evaluates the usability of the Decision Enhancement Credit Facilitation Approach (DECFA), a financial innovation in generating contextual and timely credit facilitation data from the smallholder farmers organized in Agricultural cooperatives in Uganda. The results from the usability evaluation indicated that the approach was useful for generating information to counteract Agricultural Credit Facility challenges in Uganda.