Chuma Groundnut Hub is an asset-light agricultural finance model that addresses Malawi's smallholder credit gap without cash lending. With MK 3,000,000 in seed capital, the Hub buys a solar-powered irrigation pump outright and uses it to run a high-yield winter groundnut crop on a half-acre model farm. Instead of lending depreciating cash to neighbouring farmers, the Hub leases spare pump capacity to two vetted...