Farmerline 3

Ghana

Farmerline 3

Farmerline

Invester i en bedrift

+ 374 andre investorer

Farmerline, a social enterprise in Ghana, supports 2,650 small-scale farmers by offering agricultural machinery and fertilizer on credit. This direct loan to Farmerline, selected by an external partner, facilitates sustainable agriculture and improves the livelihoods of the farmers.

€100,000

Beløp

6.50%

Interesse

36 måneder

Modenhet

6 måneder

Tilbakebetalinger

EUR

Valuta

Beløp	€100,000
Interesse	6.50%
Modenhet	36 måneder
Tilbakebetalinger	6 måneder
Valuta	EUR

100%

Fullt finansiert på 17 dager på 28 Juni 2024.

Prosjektet

This is a direct loan to the company Farmerline, selected by an external partner.

This loan will help Farmerline finance affordable fertilizers and equipment like tractors for 3,985 smallholder farmers, directly delivering these agro-inputs to their doorstep - while paying on credit. Farmerline, based in Ghana, is dedicated to empowering smallholder farmers to make agriculture profitable and sustainable. Take Farmer Sam, for example; he benefited from receiving fertilizers on credit and later used Farmerline’s services to access the latest market prices on his phone, ensuring he could sell his produce at a fair price and protect himself from middlemen exploitation.

By educating farmers on climate-smart agriculture, Farmerline promotes sustainable farming techniques that improve soil health, water efficiency, and crop resilience. Moreover, Farmerline's Mergdata offers voice-call services in local languages for farmers often lacking mobile data, providing them access to real-time weather forecasts, market trends, and expert advice. This helps them make informed decisions, increasing yields and profitability, much like it did for Sam. Overall, Farmerline’s comprehensive approach supports farmers' success in a challenging agricultural landscape, ensuring economic stability and environmental sustainability.

Watch how farmer Salima transformed her life and family's future through perseverance and help from Farmerline in Ghana:

What social return could your investment make?

Farmerline boosts smallholder farming by enhancing agricultural productivity and improving livelihoods. It connects over 123,000 farmers globally through its innovative Mergdata software. The platform supports agribusinesses, food manufacturers, NGOs, and governments with crucial data for ensuring farmers worldwide achieve sustainable profits. By directly sourcing from smallholder farms and bypassing middlemen, Farmerline connects tens of thousands of farmers to markets and offers comprehensive training, significantly increasing their net profits and advocating for climate-smart practices. With 51% of its clientele being women, Farmerline addresses gender gaps in rural areas, promoting economic growth alongside sustainable agriculture.

*An employee from Farmerline shows farmer Sam how he can use technology to improve his yield.*

What financial return could your investment generate?

Annual interest rate 6.5%
The maturity of the loan is 36 months
Grace period: This project has a grace period. After 18 months, you will receive your first repayment of your investment, and thereafter, you will receive a repayment every 6 months.
With an investment of 1,000 euros, your expected total repayment would be 1.124 euros.

The story of Farmerline

Agriculture significantly contributes to the economy of Ghana, accounting for around 20% of the Gross Domestic Product (GDP) and providing employment for nearly half of the workforce. The sector, primarily made up of small, traditionally family-run farms, faces numerous challenges, including access to quality seeds, lands, credit facilities, and markets.

Farmerline is a Ghanaian agri-technology company founded in 2013, dedicated to improving the livelihoods of farmers in Africa. It addresses these agricultural challenges by connecting over one million farmers across 33 countries to essential agricultural information and services via mobile technology.

Selskapets navn	Farmerline
ADMINISTRERENDE DIREKTØR	Alloysius Attah
Grunnlagt	2012-02-10
Beliggenhet	Accra
Sektor	Landbruk
Omsetning	€13,900,515
Ansatte	76
Kredittpoeng	B

Påvirkning

Farmerline gjør småbønder til entreprenører med sine oppfinnsomme løsninger. De leverer viktige tjenester og data som øker bøndenes produktivitet og levebrød betydelig, noe som gir bedre inntekts- og jobbmuligheter. Med en visjon om å sikre varig fortjeneste for bønder ved hjelp av teknologi, har Farmerline allerede hatt stor innvirkning:

- De har koblet sammen over 123 000 bønder digitalt, og utvidet sin innovative Mergdata-programvare til over 1,7 millioner bønder over hele verden, og hjulpet dem med å håndtere utfordringene i det moderne landbruket.

- Forbedret verdikjeden i landbruket ved å

Direkte innkjøp fra bønder, uten mellomledd.
Lykkes med å koble 30 000 bønder til markedet i 2021 og ytterligere 20 100 i 2022, noe som tilsvarer omtrent 39 % av kundekretsen deres.

- Forpliktet til å styrke bøndene med kunnskap og ferdigheter:

Omfattende opplæringsprogrammer som tar sikte på å bygge bro over utdannings- og lese- og skrivekyndighetshull, øke produktiviteten og sikre matsikkerhet.

- Alle bønder deltok i opplæring, og bare i fjerde kvartal 2022 fikk 18 bondegrupper og 419 individuelle bønder opplæring, hvorav nesten halvparten var kvinner.

- Oppnådde en femdobling av nettofortjenesten per dekar for viktige avlinger mellom 2019 og 2021.

- Med fokus på miljømessig bærekraft fremmer Farmerline klimasmart landbruk, med mål om å skape robuste matsystemer som både er økologisk forsvarlige og sosialt fordelaktige.

- 51 % av de direkte kundene er kvinner, og Farmerline støtter dermed de mest utsatte kjønnene på landsbygda og reduserer dermed kjønnsforskjellene.

Gjennom sine initiativer gjør Farmerline mer enn bare å utstyre bøndene med de nødvendige verktøyene og innsikten i forbedrede dyrkingsmetoder; de tar også til orde for en bærekraftig fremtid for landbruket. Denne tilnærmingen kombinerer økonomisk vekst med et engasjement for miljøansvar.