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One Acre FundFarmers First
www.oneacrefund.org
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
Kenya
RwandaBurundi
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They use outdated tools and techniques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
Training Post-harvestprofit realization
(Also: climate risk, culture barriers)
How: our program model
Innovation 1: Complete “market in a box” for one-acre farmers
Producer Groups Productive asset loan (seed & fertilizer)
Training Post-harvest profit
Innovation 2: Distribution
Scalable impact
One field officer …
Producer Groups Seed 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 familyBEFORE 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
Originalprojected
Beginning of2011
Currentprojected
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 withgovernment
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 broadermovement
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!