One Acre Fund supports subsistence farmers across Africa to increase farm incomes through improved production inputs, market access and farmer education.
| Investee | One Acre Fund (OAF), founded 2006 |
| Location | Kenya, Rwanda |
| Sector | Agriculture |
| Funding period | 2010-2015 |
| Funding type | Grant; debt |
| Website | https://www.oneacrefund.org/ |
Across Africa over 33 million subsistence farmers cultivate on less than an acre of land, practicing low-input, rain-fed subsistence agriculture. Inconsistent and often extreme weather conditions - such as unpredictable rainfall resulting in drought or floods - pose a significant threat to these famers as well as the socio-economic wellbeing of their families.
OAF is a nonprofit founded in 2006 that provides subsistence farmers with the tools they need to achieve food security and increase their incomes. Apart from high-quality seed, fertilizer and tools, OAF also offers its member farmers market access, agricultural training and weather-related risk insurance against potential harvest loss.
OAF has enabled its member farmers increase their crop yields from as little as 0.5 to 1.5 tons per acre while farm-gate incomes increased by up to USD 120 / family / acre annually. OAF is targeting 1 million farmers across Africa by 2020, and aims to earn USD 100m in revenues per year by 2020.
| Reach | 2011 | 2012 | 2013 | >2014> |
| # of active farmers | 76'700 | 135'000 | 180'000 | 260'000 |
| Average gain in farm income | 100% | 100% | 100% | 100% |
| Sustainability* | 75% | 85% | 85% | 90% |
* Field program sustainability = Farmer repayments/Field operational costs
