This pioneering initiative will improve access to finance over the next five years, contributing to scale up digital financial solutions and piloting insurance to 500,000 low-income farmers, including women, youth entrepreneurs.

By addressing the need for improved access to financial services and support for MSMEs in agriculture, the project aims to contribute to the creation of jobs and the sustainable and inclusive economic development of the sector.

Bahrain hosts much of the most innovative fintech activity, including wider access to financial services.

The objective of the partnership is to fully digitize all banking services offered by the company, a significant move to enhance the overall digital experience for Ebdaa's customers.

The general objective is to test a tailor-made and innovative agricultural product for smallholder farmers and expand the loan products to rural areas.

Mastercard has joined forces with a renowned training and development organization Bahrain Institute of Banking and Finance to drive financial inclusion in the country and the wider region.