One Acre Fund Farmers First
One Acre Fund We serve one-acre farm families in East Africa We invest in hard-working families Proven impact: double farm profit per acre Non-profit revenue model: farmers pay for services 6 years old – starting initial scale up We currently serve 135,000 farm families Will serve 180,000+ farm families in 12 more months
Our client
Where we work: East Africa One Acre Fund works in East Africa, in the countries of Kenya, Rwanda, and Burundi Burundi
Our Client Most of the world’s poor are farmers. They have a remarkably uniform dilemma.
Feed a family of six with one acre of land, and a simple hand hoe
It is not working. Our families are not food secure. One in seven of our kids dies before age 5.
Farming is the world’s most dominant profession and biggest opportunity Most of the world’s poor are farmers Their profession is to grow food They use outdated tools and techniques Zero existing capital Simple tools and education can double farm income This is the goal of One Acre Fund
For most farmers, “agriculture finance” is a theoretical car that has no wheels One Acre Fund’s model systematically attacks these barriers. Finance Physical access (delivery) Affordability TrainingPost-harvest profit realization (Also: climate risk, culture barriers)
How: our program model
Innovation 1: Complete “market in a box” for one- acre farmers Producer GroupsProductive asset loan (seed & fertilizer) TrainingPost-harvest profit
Innovation 2: Distribution
Scalable impact One field officer … Producer GroupsSeed and Fertilizer on Loan Training Harvest Market Access provides our service bundle …to 225 farm families One Acre Fund Field Unit: With 900+ children in those families
Lydia Musila, Kenyan Farmer
Getrude’s family BEFORE AFTER Typical maize harvests
The tallest maize Getrude has ever seen The best harvest of Getrude’s life
Practical, group-teaching methodology
Spacing seeds for the first time
Status Update
Scale: We are growing significantly faster than expected. Scale: Families served Original projected Beginning of 2011 Current projected We consistently out- perform projections This is because we constantly push ourselves to improve operations and get better at what we do New possible growth path
Not just scale, but also impact and sustainability Impact: 2x profit per acre Sustainability: Program revenues (USD) Scale: Families served
Vision by 2020 Direct service Build the largest network of smallholding farmers in Africa We will directly serve 1.5 million families per year (6+ million children) We will have 7,000+ field staff spread evenly over rural areas We will be working in 5- 8 countries Partnership with government We will represent a significant constituency: for example, 15%+ of Rwanda’s entire population We will use this as a platform to work together with African governments Help build a broader movement There are more than 1,000 microfinance institutions that are currently sitting on the sidelines of the agriculture fight That could be a very powerful distribution network One Acre Fund will be a leading pioneer in the drive to make the world’s agriculture technology accessible to Africa’s smallholding farmers
Thank You!