Agrofuturo: AI, satellites and drones seek to close the gap in Colombian agriculture
Ricardo Jaramillo, co-founder of Agrofuturo, argues that artificial intelligence, satellites and drones should reach Colombia's smallholder and family farming sector, which coexists with a more developed corporate agriculture. He frames his argument around investment, credit, productivity and markets: he says originating a rural loan costs traditional banks between 650,000 and 700,000 pesos according to Finagro, and proposes estimating income and cash flow with satellites. Expo Agrofuturo will bring together more than 350 exhibitors at Corferias from October 21 to 23.
In 40 seconds
- Jaramillo estimates Colombia has close to three million producers and Latin America between 15 and 20 million.
- According to Finagro, originating a rural loan costs traditional banks between 650,000 and 700,000 pesos.
- He proposes using satellites to estimate producers' income and cash flow and ease access to credit.
Read the full story at El Tiempo
IASummary generated by artificial intelligence from a story by El Tiempo. It may contain errors: the original source prevails.
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