The fifth webinar in a seven-part series focused on various aspects of sustainable development in Africa.
Peris Nyaboe Bosire - co-founder of FarmDrive
Peris Bosire is passionate about inclusive financial systems and economic mobility. Her goal is to build meaningful technology platforms and digital financial services to drive capital where it’s needed most. She is a computer scientist with successful experience in using technology to innovate and distribute high-impact, scalable solutions.
Peris is the co-founder of FarmDrive, a technology company that applies data science and finance to build software that increases access to meaningful financial services. FarmDrive’s mission is to transform every smallholder farmer (SHF) and agriculture value chain SME in Africa into a sustainable and profitable business.
FarmDrive’s big bet is to increase the flow of capital to the agriculture sector in Africa, especially to smallholder farmers and SMEs working in the agriculture value chain.
Peris has led FarmDrive through exciting product rollouts and strategic partnerships. A notable achievement is a partnership with the largest telecommunication company in East Africa (Safaricom) to roll out DigiFarm, a neobank for farmers. FarmDrive’s work has led to a digital registry of over 1 million smallholder farmers in Kenya and unlocked a loan portfolio of over $40 million dollars so far in loans to farmers and small businesses across Kenya.
FarmDrive’s clients include but are not limited to mobile network operators such as Safaricom, commercial banks, micro-finance banks, saccos and cooperatives, non-bank financial service providers such as One Acre Fund, agricultural insurance providers and processors.
As the CEO of her venture, Peris spends her time implementing strategies to build a sustainable, transformative business that meets the needs and aspirations of clients and organizing the 1’s and 0’s to achieve this. She is a champion of financial inclusion and youth employment and has been supporting other entities such as The Mastercard Foundation to create inclusive youth engagement strategies for different countries in Africa.
Peris has a First Class Honours B.Sc. Computer Science degree from the University of Nairobi, Kenya. She is a 2023 Sloan School of Management MBA candidate.
Development, Governance, Leadership, and Regionalism