Efarms

Contexte

Nigeria, with over 64 Million smallholder farmers, has one of the lowest crop yield averages in the world. In addition, it is very difficult for smallholder farmers to access finance to purchase high quality inputs, or expand their farms. Worse still, access to markets is difficult as the agricultural ecosystem is very fragmented leading to often very high levels of post harvest losses ranging between 40 and 60% per annum. As a result, smallholder farmers are very poor, making up over 70% of all people who live on under a $1 a day. We started efarms to fix those frictions.

Objectifs

By 2050, the world would face what is unarguably the largest challenge it has ever faced and which no doubt qualifies as an existential crisis; how to feed a projected 9.7 Billion people in the face of climate change and increasing soil degradation. The World Food Program estimates that 60% more food would have to be produced to meet that demand.

Considering the finite nature of arable land, it is clear that we must find ways not only to produce more from less, but to also foster a culture of sustainable production and responsible consumption. However, all the technology in the world would not solve these challenge, without finance as a tool to unlock yield and markets for smallholder farmers. And this is where efarms stands out.

We are working to drive financial inclusion for Nigeria’s smallholder farmers, who make up 75% of all people living on under a dollar a day by ensuring that not only do they achieve better yields, but that these yields are connected to markets so as to guarantee increased incomes for them.

Efarms objective is to leverage relationships and technology to unlock finance and markets for smallholder farmers.