One Acre Fund

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One Acre Fund Farmers First www.oneacrefund.org

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One Acre Fund. Farmers First. www.oneacrefund.org. Thank you. Four and five-year gala attendees Casten Family and friends Roxanne Hori and Robert Felsenthal Sarah King Barry and Jasminka Merkin Paul Wormley Jamie Wesner Kirsten Hull Kara Palamountain Wally and Barbara Scott - PowerPoint PPT Presentation

Transcript of One Acre Fund

Page 1: One Acre Fund

One Acre FundFarmers First

www.oneacrefund.org

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Thank you

Four and five-year gala attendees Casten Family and friends Roxanne Hori and Robert Felsenthal Sarah King Barry and Jasminka Merkin Paul Wormley Jamie Wesner Kirsten Hull Kara Palamountain Wally and Barbara Scott Jordan Shields Kathy Tate-Bradish

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“OAFers” in attendance … Tony Kalm, director of development Matt Forti, founding board chair Wally Scott, board member Paul Pickard, former director of operations Kenya Former Fellows

Allana Jackson Hydie Kim Jamie Wesner

Particularly-knowledgeable supporters Casten family Steve and Sue Wilson Paul Wormley, Sue Diamond Barry Merkin, Harry Kraemer Andersons

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One Acre Fund

We serve one-acre farm families in East Africa

We don’t give hand-outs, we invest in hard-working families so they can help themselves Proven impact: double farm profit per acre Non-profit revenue model: farmers pay for services

5 years old – starting initial scale up We currently serve 60,000 farm families Will serve 120,000+ farm families in 12 more months

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Our client

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Where we work: East Africa

One Acre Fund works in East Africa, in the countries of Kenya and Rwanda

Kenya

Rwanda

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Our Client

Most of the world’s poor are farmers.They have a remarkably uniform dilemma.

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Feed a family of six with one acre of land,and a simple hand hoe

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It is not working. Our families are not food secure.One in seven of our kids dies before age 5.

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Farming is the world’s most dominant profession and biggest opportunity

Most of the world’s poor are farmers

Their profession is to grow food

They use out-dated tools and techniques

Zero existing capital

Simple tools and education can double farm income

This is the goal of One Acre Fund

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How: our program model

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Innovation 1: Complete “market in a box” for one-acre farmers

Producer Groups Productive asset loan (seed & fertilizer)

Training Harvest Market Access

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Innovation 2: Distribution

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Scalable impact

One field officer …

Producer Groups Seed and Fertilizer on Loan

Training Harvest Market Access

provides our service bundle … to 140 farm families

One Acre Fund Field Unit:

With 700 children in those families

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ChariteStarted as a field officer in 2007

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Immediately enrolled 200 farmers(double average at the time)

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Promoted to field manager in 2008If given a chance, “would move tomorrow”to start a new One Acre Fund district

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Took French language classes andother “fast track” classes

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Led our newest district launch – Rutsiro District

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Grew from 7 to 28 field officers in this past season

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Charite with three of five of her children

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Current Status and Vision

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Current status

Scale:Families served

Control Test $-

$50

$100

$150

$200

$250

$300

Impact:2x net rev per acre

Sustainability:Program revenues

2008 2009 2010 2011 2012$0k

$2,000k

$4,000k

$6,000k

$8,000k

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Vision this decade

Direct service

Build the largest network of smallholding farmers in Africa

We will directly serve 1.1 million families per year (5 million children)

We will be working in 5-6 countries

Partnership withgovernment

We will represent a significant constituency – for example, 12% of Rwanda’s entire population

We will use this as a platform to work together with African governments

Help build a broadermovement

We will work together with targeted, large microfinance institutions to help them expand into rural agriculture lending

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An appeal

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We are launching Burundi this year

Burundi is very similar to Rwanda, sharing similar agriculture and even the same language.

Burundi is incredibly poor, and there is great need. The country has virtually no development, and has been politically unstable until recently.

We see an opportunity. We began trial work in February of this year, and already have 1,400 farm families in the program.

Almost all people in Burundi are farmers.

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Base education

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Base education

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Making compost

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Input delivery

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Planting Training

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Medeatrice, age 26Rwandan farmer

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Early 2010 – her first harvest of beansShe consumed 200 pounds, sold 800 pounds

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She bought a shop, staffed by her husbandBonaventure, age 27

“It was my dream that I would have a shop.”

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Late 2010: Another successful bean harvestMedeatrice again sold 800 pounds of beans

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They have bought this piece of land

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Medeatrice did not have the opportunity to finish high school; she stopped a year

short. Her son Prince will have a different life. “I plan to pay

for his university, and buy him land for the future.”

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Our goal is to raise $250,000 tonight

All additional grants will be matched by part of an incredibly generous contribution from Steve and Sue Wilson

Of the remaining $125,000, we are already on our way with $50,000 donated by the Combes family

We only have $75,000 left to go! Please consider making a donation tonight, a pledge (someone will follow up), or take materials home with you

Thank you for your already-generous support by attending

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Permanent Fund

An example of how $250,000 could help. Our Burundi team has farmers lined up. We just need the resources.

4,000 Farmersdoubling their farm profit per

acre

$250,000 loaned outevery year

$250,000 paid backevery year

24,000 individuals with enough food

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Thank You!