Developed by two tech entrepreneurs, the solution combines connectivity, energy, and access to financing. It is designed to address the challenge of financial and technological inclusion in Africa.

Mbora, a Malawian agri-fintech startup, offers rural smallholder farmers access to internet, energy, and microloans. Founded in 2020 by Adrian Raisbeck and Claudia Haak, the startup is based in Mangochi.

Through its mobile application MboraMAX, it enables access to its range of services for its users. Its integrated approach supports farmers with affordable internet and electricity, delivered via smart solar stations. The platform also provides financial services tailored to farmers' needs.

“The mboraMAX platform leverages technology and innovative microfinance with supporting financial services to empower entire communities. Focusing on farmers, women, youth, and entrepreneurs. Fostering economic growth, resilience, and sustainable development and delivering impact against the first 10 sustainable development goals,” the startup said.

A key part of Mbora's model is providing digital microloans to farmers who are often excluded from traditional banking. By collecting behavioral data on energy usage, internet activity, GPS location, and weather patterns, the startup builds credit profiles to offer targeted financing. These microloans are primarily used to purchase agricultural inputs or cover urgent expenses during the off-season.

Now operating in several villages in central Malawi, Mbora installs its stations in partnership with local communities. In addition to financial services, the infrastructure provides 4G connectivity and sustainable electricity, creating an ecosystem that fosters economic and social development. Farmers can access weather forecasts, online courses, and digital marketplaces. With this model, Mbora aims to reach 100 million people in sub-Saharan Africa by 2030.

Adoni Conrad Quenum