The importance of data and lessons learned by IDH Farmfit
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Do you know why farm-level data is crucial to increasing the livelihood of farmers? And how IDH Farmfit currently collects this data to achieve the desired insights and results?
While smallholder farmers (SHFs) are key players in agricultural value chains, they often lack access to affordable and high-quality goods and services (e.g., inputs, credit, markets, and information) that would enable them to improve their farms and incomes. Key barriers, such as risks associated with smallholder farming, keep the private sector from fully investing in service provision to SHFs.
This problem is compounded by a limited understanding of what works best for the private sector and for SHFs, due in large part to the limited quantity, quality, and interoperability of farm-level data. In this report, we argue that accurate farm-level data is critical to creating financially viable and investable smallholder engagement models that improve farmer livelihoods.
- Highlights the importance of data for improving SHF livelihoods, as well as key challenges
- Explains how in our work, farm-level data is not just valuable to evaluate the impact of interventions focused on improving smallholder engagement models, but also critical to understand and analyse these engagements models in the first place. This allows us and other stakeholders to make informed decisions on interventions and investments in smallholder farming.
- Provides transparency on IDH Farmfit’s methodological approach to primary data collection at farm level, including challenges and best practices, thereby offering guidance and tools to others seeking to collect such data; and
- Invites our peers to engage with IDH Farmfit to optimize our data-driven journey, to share insights and create alignment in the industry, and to reflect on the future role of primary data in smallholder agriculture.