Agriculture is the mainstay of our country, contributing about 24% of the GDP directly, and over 33% of the GDP indirectly, through linkages to other sectors. Also, the agricultural sector is the largest employer in the economy. Over 80% of the population, especially in rural areas, derives their livelihoods from agricultural related activities.
Besides agriculture being the mainstay of our economy, over 80% of farming is done by small-scale farmers. Most of these farmers cannot compete in the export market. In recent years, agriculture has stagnated in the country, and the little land left for agriculture is not being utilized effectively.
Small-scale farmers are the backbone of the economy, yet most of them continue breaking their backs and getting no real progress in their lives. They cannot carry out viable farming because of a lack of funds to invest in advanced farming technologies, proper input, and so forth.
Most small-scale farmers in Kenya are considered “unbankable” and cannot access loans from banks, Sacco, and credit unions to facilitate viable farming. This is the problem we intend to solve. How? Please read on to discover how this will work.
How it works
The platform will link farmers with investors from the country and beyond. People will pool their funds together on the projects to fund the farmer for the full cycle. The funds donated for a farm will cover input for the full cycle, insurance, and everything else a farmer needs.
We are looking to partner with companies that can provide high-quality input for the farmers, including seeds, chicks, fertilizer, animal feed, livestock, and so much more. We will also offer training to the farmers. Most of the small-scale farmers in the country do not have training for viable farming practices.
Field experts will monitor the projects from start to completion, working hand in hand with the farmers to ensure everything goes on well. On completion, we will find a good market for the farmer so they can make more other than having to sell their produce to brokers.
Revenue on the investment is shared amongst the investor, farmer and our company to facilitate the day to day running of the company.
What do we bring to the table?
To the farmer - the farmer benefits from resources pooled from all over the globe, the know-how for viable farming, access to markets for their produce and eventually enhanced livelihoods as their income increases.
The investor - we provide a platform to put your money to use regardless of how little it might be for a noble cause and get a good return on your investment.
For the community at large - we intend to improve the livelihoods of many people in the community, improve food security in the country and provide a platform for people to invest and get returns on their investments.
What is the money for?
We will use the money for:
7,000 USD - We intend to use this money to create a professional and highly secure website with payment integration for the sponsors to fund farmers, have a mobile app created so people can access our platform on mobile devices and get a USSD code to cater to sponsors and farmers that are not yet tech-savvy or those without access to the internet. The money will also be used to facilitate the platforms for a period of time.
10,000 USD - We will use this money to recruit and hire a small team of experts to offer training and monitor projects.
3000 USD - We will use this money to find an office space and cater for miscellaneous expenses.