Crowd sourced agri finance via mobile
NEXT GENERATION FARMER Mr. Daniel Kimani (30yrs) in his 30mx7m digitally controlled greenhouse that houses two fish ponds and a strawberry crop that can fit into an acre of land if planted on the ground. (Kinja, Nyandarua county)
R- Return on investment T-Training of farmers SMART FARMING S - Scalable M - Marketable A - Agronomic R- Return on investment T-Training of farmers Empowering youth to change the world through farming
THE PROBLEM Annual funding gap of USD 1 Billion Farmers unable to meet lending requirements 3’Cs: Collateral, Cash flow and Credit rating Solution is the 4th C: Crowd
OUR SOLUTION – THE 4TH C: THE CROWD The power of agribusiness-investment in the palm of your hand Browse farming opportunities Initiate funds transfer Social network with other investors Safe, secure, convenient from mobile
HOW IT WORKS Farmer obtains produce contract 1 3rd Party Produce Buyer Farmer Farmer obtains produce contract 4 Bank makes milestone payments to farmer 2 Farmer presents produce contract to investors Trustee Bank Micro-Investors 3 Investors pass investment funds to bank
TEAM Robert Njuguna (Co- Founder) Steven Waweru (Co-Founder) An independent farming professional and former stockbroker currently engaged in innovation and business development. Steven Waweru (Co-Founder) An economics and Statistics graduate from the University of Nairobi. Experience from starting a real estate crowdfunding platform
REVENUE MODEL Funding administration fees (platform commission) 5-9% of total amount VALUE PROPOSITIONS Farmers – non collateralized alternate funding Users – Exposure to Investment opportunities Banks – Deposit mobilization, Customer acquisition
MOBILE MONEY MARKET EVOLUTION 1ST GEN – Payment transfer, bill payment 2nd GEN – saving and deposit, micro lending 3rd GEN – Real time agri investment via mobile KES. 1 Trillion is transferred via mobile money annually (1/3 of GDP) 100,000 smart phones sold monthly in Kenya - Safaricom
GROWTH PARTNERSHIPS
Onboarding 2,000 users/micro-investors Q1 Funding 20 Farming Projects FINANCIAL SUMMARY Onboarding 2,000 users/micro-investors Q1 Funding 20 Farming Projects Seeking to raise $20,000 to complete platform development and market testing (in million KES) Yr '1 Yr '2 Yr '3 Yr '4 Yr '5 Total Revenue 4,8 10,5 16,81 24,9 33,1 EBITDA 1,8 6,3 11,4 17,5 24
E: farmspaceafrica@gmail.com M : 0727513721 Nairobi, Kenya THANK YOU E: farmspaceafrica@gmail.com M : 0727513721 Nairobi, Kenya