One Acre Fund
One Acre Fund is a non-profit organization , the small farmers in subsistence agriculture in East Africa programs with high-quality seeds , fertilizers offers and weekly training. It is based in Bungoma , Kenya.
This gives farmers access to markets, which increases their income. In the areas where One Acre Fund operates, infant mortality rates for children up to two years old have decreased by 50%. In 2011, these programs were adopted by 55,000 farming families from Rwanda , Kenya and Burundi , who on average tripled their crops and increased their profits by 102%. The participation fee paid by the farmers on credit at One Acre Fund was 98% repaid and covered 80% of the costs. One Acre Fund financed the remaining costs through donations and grants from other organizations, mainly from the USA. The organization employs 565 people, almost exclusively on site. The headquarters are in Bungoma , Kenya.
concept
A field officer looks after 150 to 200 farmers on site: In the first step, he explains the concept, convinces the farmers to participate, brings them together in small groups of three to twelve farmers and concludes contracts with them about the loans for seeds and fertilizers and their repayment from. The field officer is also responsible for collecting loan repayments. Farmers typically have half an acre to five .
In addition to delivering the seeds, One Acre Fund also conducts extensive training. For example, it is taught to sow the seeds in rows and at optimal intervals, but beforehand fertilizer is given in portions into the intended hole. Various hybrids of corn and beans are offered as seeds for cultivation as a staple food. Experiments are being carried out with Grevillings , trees that accumulate nitrogen in the soil and can be sold after a few years. The fertilizers are artificial fertilizers as natural fertilizers - especially manure - are not available in sufficient quantities.
After the harvest, proper drying and storage are taught and an insecticide is given so that the harvest is not destroyed after about three months, but can be kept as food until the next harvest season or can be sold if market prices are high.
history
The organization was founded by Andrew Youn in 2006 after visiting Kenya during his MBA at the Kellogg School of Management to study farmers and their living conditions. The organization won the Social Entrepreneurship Track of the Yale 50K Business Plan Competition from Yale University and the Social E-Challenge of the Business Association of Stanford Entrepreneurial Students (BASES) . In the years 2010 and 2011, the organization was awarded the Sustainable Finance Award of the Financial Times . Aid to One Acre Fund has come from the Echoing Green Fellowship , Draper Richards Foundation, and the Skoll Foundation , among others . Since October 2011, individuals from all over the world have been able to grant microcredits to farmers in Kenya who want to participate in the One Acre Fund program through Kiva , an organization that arranges microcredit . The organization has also been active in Rwanda since 2007 and in Burundi since 2011. In 2018, the organization received a donation of 700,000 euros from Monsanto owner Bayer.
Web links
- Official website
- VIDEO: One Acre Fund
- BusinessWeek Growing a Solution to Hunger , 2006
- Alex Halperin One Acre Capitalism The American, February 25, 2008
Individual evidence
- ↑ a b Skoll Foundation One Acre Fund , accessed December 16, 2011
- ↑ a b c d One Acre Fund Program Dashboard ( Memento of the original dated December 5, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed December 16, 2011
- ↑ One Acre Fund Monitoring & Evaluation ( Memento of the original dated December 29, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed December 17, 2011
- ↑ One Acre Fund Field Execution ( Memento of the original dated December 6, 2011 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed December 16, 2011
- ^ One Acre Fund Giving Trees a Try , accessed December 16, 2011
- ↑ One Acre Fund Environmental Sustainability ( Memento of the original from August 18, 2012 in the Internet Archive ) Info: The archive link was automatically inserted and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed December 16, 2011
- ^ One Acre Fund: Protecting Maize after Harvest 2010, accessed December 16, 2011
- ↑ One Acre Fund Awards and Recognition ( Memento of the original from December 5, 2011 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed December 16, 2011
- ↑ Kiva Please join us in welcoming One Acre Fund, Kiva's first non-traditional partner in Kenya! , accessed December 16, 2011
- ↑ https://media.bayer.com/baynews/baynews.nsf/id/Bayer-collaborates-One-Acre-Fund-support-smallholders-Africa-a-donation-EUR-700000?Open&parent=news-overview-category -search-en & ccm = 020
