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One Acre Fund - Tanzania


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One Acre Fund - Tanzania

  1. 1. One Acre Fund
  2. 2. Presentation Overview  Introduction  Our package  Our Operations in Tanzania  A farmer story  Our vision for the future
  3. 3. Countries of Operation  One Acre Fund is based in rural East Africa Kenya Rwanda Burundi Tanzania
  4. 4. The purpose of One Acre Fund  We serve small-scale farmers and put them first in everything we do.  We measure success in our ability to make more farmers more prosperous. 75% of the world’s poor are farmers Their profession is to grow food They use outdated tools and techniques Zero existing capital GOAL of One Acre Fund? Simple tools and education can double farm income
  5. 5. The Model of One Acre Fund We serve one acre farm families with farm inputs on credit  We don’t give hand-outs, we invest in hard-working families so they can help themselves  Non-profit revenue model: farmers pay for services  Proven impact: double farm profit per acre  7 years old – starting initial scale up  This year we will serve 150,000 farm families
  6. 6. BEFORE BEFORE AFTER The impact: 2x farm income on every planted acre
  7. 7. Innovation #1: We have a unique service bundle which meets the needs of the one acre farmer Producer Groups Seed and Fertilizer on Loan Training Harvest Market Facilitation
  8. 8. Innovation #2: We bring our service bundle to their doorstep
  9. 9. Services delivered through a “cookie cutter” unit One Acre Fund Field Unit: One field officer … … provides our service bundle … Producer Groups Seed and Fertilizer on Loan Training … to 150 farmers Harvest Market Facilitation One Acre Fund now has 1000 of these field units, serving 150,000 farm families
  10. 10. Current status: Three Metrics Scale: Impact: Sustainability: Families served 2x net rev per acre Repayment 98% 200,000 $300 $20 $250 150,000 $15 $200 100,000 $150 $10 $100 50,000 $5 $50 0 $2009 2010 2011 2012 2013 $Control Test 2009 2010 2011 2012 2013
  11. 11. Our operations in Tanzania
  12. 12. Our work in Tanzania  Reasons for expanding program to Tanzania:  Very hard-working maize farmers with substantial amounts of land  Favorable climate and conditions  High potential for program expansion and growth  Operations began in Iringa in May 2012
  13. 13. Our work by season First Season Second Season (2012-2013) (2013-2014) 1,148 Farmers 3,000+ Farmers 9 wards 22 villages 2 wards 7 villages
  14. 14. A One Acre Fund farm family
  15. 15. Valence Ndola is a hardworking farmer. He had a fantastic harvest last year, getting 25 bags of maize per acre.
  16. 16. With his profits he has invested in swine farming. Next year he hopes to acquire a dairy cow.
  17. 17. Our vision for the future
  18. 18. Vision 2020 Direct service Partner with governments  Build the largest  We will represent a network of smallholding significant constituency farmers in Africa For example, 20% of Rwanda’s entire  Directly serve 1.5+ million families per year population  We will use this as a platform to work  7,000 field staff spread together with African evenly over rural areas governments  In 8 countries (5+ million children) Food security  Our farmers will be feeding their own families (5+ million children)  Our families’ surplus will also fill the grain deficit of an additional 25 million individuals • Most of the world’s poor are farmers. We know how to double their productivity. Our job now is to share this as fast as humanly possible!
  19. 19. Conclusion  This is an enormous humanitarian opportunity  We must build for scale  Build a leadership team that lives in the field  Standardize our model, and replicate systematically  We will serve 1.5 million farm families by 2020
  20. 20. Thank You! Please ask difficult questions …