In many countries where Triple Jump is active, agriculture plays a fundamental role in economic development. Besides being the source of food supply, agriculture activities also represent a large share of income and employment for many people in developing countries. A significant number of the world’s poor, particularly those in rural areas, are active in and dependent on agriculture. Smallholder farmers are the largest segment by livelihood of those living on less than USD 2 per day. Because of the cyclicality of their agricultural activities, smallholder farmers have to cope with high income volatility. Financial services are essential tools to help them manage production and market risk and to smooth consumption, but the services need to be tailored to specific needs. Consequently, agriculture and smallholder farmers are a particular target group for Triple Jump
and the funds it manages.