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One Acre Fund

One Acre Fund supports subsistence farmers across Africa to increase farm incomes through improved production inputs, market access and farmer education.

Facts

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/

 

Impact

Context

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.

Solution

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.

Impact depth

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

Awards

Skoll Award for Social Entrepreneurship 2010