one acre fund - tanzania
TRANSCRIPT
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One Acre Fund
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Presentation Overview
Introduction
Our package
Our Operations in Tanzania
A farmer story
Our vision for the future
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Countries of Operation
One Acre Fund is based in rural East Africa
Kenya
Rwanda
Burundi
Tanzania
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The purpose of One Acre Fund
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They use outdated tools and techniques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
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.
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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
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BEFORE BEFORE AFTER
The impact:
2x farm income on every planted acre
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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
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Innovation #2:
We bring our service bundle to their doorstep
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Services delivered through a
“cookie cutter” unit
One field officer …
Producer Groups Seed and Fertilizer on Loan
Training Harvest Market Facilitation
… provides our service bundle … … to 150 farmers
One Acre Fund Field Unit:
One Acre Fund now has 1000 of these field
units, serving 150,000 farm families
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Current status: Three Metrics
Scale:Families served
$-
$50
$100
$150
$200
$250
$300
Control Test
Impact:2x net rev per acre
Sustainability:Repayment 98%
0
50,000
100,000
150,000
200,000
2009 2010 2011 2012 2013
$-
$5
$10
$15
$20
2009 2010 2011 2012 2013
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Our operations in Tanzania
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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
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Our work by season
First Season
(2012-2013)
1,148 Farmers
2 wards7 villages
Second Season
(2013-2014)
3,000+ Farmers9 wards
22 villages
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A One Acre Fund farm family
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Valence Ndola is a hardworking farmer. He had a fantastic harvest last year,getting 25 bags of maize per acre.
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With his profits he has invested in swine farming. Next year he hopes to acquire a dairy cow.
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Our vision for the future
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Direct service
Build the largest network of smallholding farmers in Africa
Directly serve 1.5+ million families per year (5+ million children)
7,000 field staff spread evenly over rural areas
In 8 countries
Partner withgovernments
We will represent a significant constituency For example, 20% of Rwanda’s entire population
We will use this as a platform to work together with African governments
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!
Vision 2020
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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
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Thank You!
Please ask difficult
questions …