THE NEED FOR ALTERNATIVE FUNDING IN FARMING

Today, more than 80 percent of Nigeria’s farmers are smallholder farmers and they are the main producers of over 90 percent of domestic output. Challenges faced by small-scale farmers includes but not limited to low use of mechanization, poor agricultural extension systems, poor road networks, inadequate market information, and lack of access to credit and quality inputs such as fertilizer and seed. To address the challenge, we need to connect smallholder farmers with investors by use of crowd funding, then utilize the funds to hire farmers, lease land, and provide inputs such as fertilizer, seed, and technical support from planting foods like rice, maize, cassava, soy beans, plantain etc also rearing of livestock. The farm cycle can run from 3 to 10 months, depending on the type of farm, with return on investment hovering around 6 to 25 percent. Investors can put in anything from N20,000 to N100,000 or even more in some cases to harvesting. After the investment cycle, farm sponsors can choose to cash out or reinvest on the platform.

If we don’t help farmers we might wake up one day to faced with food scarcity.

All farmers gain access to finance needed for their farms, insurance, best planting practice based on soil and weather tests and access to premium market.

Help us to Help our Smallholder Farmers!!