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One Acre Fund

Published by

Global-Innovation

Global-Innovation Exchange

Project start date: 1/1/2006

One Acre Fund

Africa

Financing and Services for Smallholder Farmers

Scaling

5+ years

Last update: October 05, 2023

OverviewContributors

Challenge

An astounding seventy percent of the world’s population living in poverty depend on one profession for their livelihood: farming. Yet most of these farmers live in remote areas, and do not have access to basic agricultural tools and training. As a result, they struggle to grow enough to even feed their families, and face an annual “hunger season” of meal-skipping and substitution.

Description

Founded in 2006, One Acre Fund has developed a solution that interrupts this oppressive cycle. Our powerful innovation enables clients to increase their income on supported activities by a historical average of 50%+. This boost helps our clients to alleviate hunger and extreme poverty and unlock their full potential — as farmers and as providers for their families. One Acre Fund supplies financing and training to help smallholders grow their way out of hunger and build lasting pathways to prosperity. We offer a complete bundle of services, using a market-based model that helps our organization remain financially sustainable and expand to reach more and more farmers every year.

SDGs

Climate ActionDecent Work and Economic GrowthZero HungerNo Poverty

Outcomes

Directly served 1,100,000 farmers across Kenya, Rwanda, Burundi, Tanzania, Malawi, Uganda, and Zambia as of 2019. On track to serve 1.2 million clients in the coming year. Farmers experience a historical average income increase of 50%+ on supported activities. Provided comprehensive COVID-19 response focused on health, hunger, and financial strain.