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One Acre Fund. Farmers First. www.oneacrefund.org. One Acre Fund. We serve one-acre farm families in East Africa We don’t give hand-outs, we invest in hard-working families so they can help themselves Proven impact: double farm profit per acre
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One Acre Fund Farmers First www.oneacrefund.org
One Acre Fund • We serve one-acre farm families in East Africa • We don’t give hand-outs, we invest in hard-working families so they can help themselves • 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 grow our core service program to over 1 million farmers with the next 8 years.
Where we work: East Africa Kenya Rwanda and Burundi • One Acre Fund works in East Africa, in the countries of Kenya, Rwanda and 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 out-dated tools and techniques • Zero existing capital • Simple tools and education can double farm income • This is the goal of One Acre Fund
Innovation 1: Complete “market in a box” for one-acre farmers Producer Groups Productive asset loan (seed & fertilizer) Training Harvest Market Access
Scalable impact Producer Groups Seed and Fertilizer on Loan Training Harvest Market Access One Acre Fund Field Unit: One field officer … provides our service bundle … to 140 farm families With 700 children in those families
Getrude’s family BEFORE BEFORE AFTER Getrude’s Family
The tallest maize Getrude has ever seen The best harvest of Getrude’s life
Current status Scale: Families served Impact: 2x net rev per acre Sustainability: % of Operations covered by Program revenues
Vision in eight years Direct service Partnership with government Help build a broader movement • We will directly serve 1.1 million families per year (5 million children) • We will have 5,000 field staff spread evenly over rural areas • We will be working in 5-6 countries • We will represent a significant constituency – for example, 12% of Rwanda’s entire population • We will use this as a platform to work together with African governments • We will work together with targeted, large microfinance institutions to help them expand into rural agriculture lending • There are about 40 million extremely subsistence farm families in Sub-Saharan Africa – growing by 1 million per year. We need to think ambitiously, at scale.