Project information
| Status | Finalist |
| URL | Go to website |
| Category | Economic Development Business and enterprises |
| Country | Philippines |
| Operational areas | Rural |
| Target groups | Youth, Women, Men, Seniors |
| Fixed connection | DSL |
| Wireless connection | WiFi, GSM , Weroam |
| Access points | Government office, Business, Home, School, Telecenter, Cafe |
| Interact | Landline Phone, Desktop Computer, Cellphone, Laptop |
| Software License Types | Proprietary |
Project location
Random images Challenge 2008
E-commerce for Farmers
- Brief description
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- b2bpricenow.com is an integrated e-commerce m-commerce program that has an agriculture e-marketplace that provides up to the minute price updates and other market information , as well as, money movements through the integrated solution.
- Vision, Objectives and Goals
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The project aims to enable all the “unbanked” individuals to become banked. The program provides a holistic approach of bridging the digital divide and providing a cost-efficient, fast, and safe way in transferring funds to the rural sector. Information of commodities, negotiation and consummation of contracts, and fund transfers shall be accessible to all through the program.
- How does ICT contribute to the organisational objectives
- The impact of ICT to the program provided the farmers and fisherfolks a venue to increase their profit through direct selling to consumers. The availability of information to both sellers and buyers virtually eliminating information middlemen. Fund transfer costs shall also be lessened and immediately realized through the program. Expensive costs like Information middlemen and risks like bouncing checks, robbery, high fund transfer costs shall be reduced if not eliminated.
- Transferability
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The B2bpricenow.com model is easily replicated in other agriculture-based developing country. The model calls for a tri-partite partnership consisting of B2bpricenow.com Inc (business model for content and connectivity) -. Unisys technology partner) and the apex agriculture bank (training and transaction). B2bpricenow.com is in the process of replication of its “ E-commerce for Farmers Program” to several countries which are Asia Pacific Rural and Agriculture Credit Association (APRACA) member. Seven countries have expressed their interest in replicating the Program in their respective countries. Three agricultural banks have already visited the Philippines to observe the Program. They are Bank Rakyat Indonesia (BRI) ,Agricultural Development Bank of Nepal (ADBN) and National Bank for Agricultural and Rural Development (NBARD) of India. Other APRACA member banks such as the Agriculture Development Bank of China ( ADBC), Vietnam Bank for Agricultural Development ( VBARD) and Bank of Ceylon ( Sri Lanka) are scheduled in the following months. More over, the Asia Pacific Economic Cooperation (APEC) is currently studying the B2Bpricenow.com as the endorsed agriculture e-marketplace to APEC member countries. B2bpricenow.com shall be the provider of the free and sustainable e-marketplace, facilitator of the roadshow and training of cooperatives.
- Project summary
- B2Bpricenow.com utilizes ICT in the implementation of E-commerce and M-commerce. Both systems are used to send and receive funds to anyone in the country. An integrated system produces the most economical way of sending and receiving cash. B2Bpricenow.com’s e-commerce solution uses the internet to complete the transaction of buying and selling goods as well as payment online. M-commerce, on the other hand, uses cashcards and SMS technologies that create seamless transaction flows between individuals, and individuals to merchants. The integrated E-commerce/ M-commerce solution connects the communities to their members/ proponents/ beneficiaries
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