Co-founded by Andrew Youn, One Acre Fund (OAF) supplies smallholder farmers with the financing and training as a means to grow their way out of hunger and poverty. Instead of giving handouts, OAF provides farmers with financing for farm inputs, improved seeds and fertilizer, agricultural training, and market facilitation to maximize harvest prices. Most importantly, OAF delivers these services within walking distance of the 780,000 farmers served by the organization. The program has proven impactful. On average, farmers increased their income by 50 percent within the first year of working with OAF. In 2015, nearly all farmers working with OAF repaid their loans in full and on time.
One Acre Fund has a highly-scalable, high-impact model for increasing the profitability of rural smallholder farmers in East Africa. Having grown from a small program that served forty farmers a year, One Acre Fund now serves more than 780,000 farmers across six countries and will grow to reach more than 1,000,000 farmers by the end of the decade.
One Acre Fund was started by a Kellogg graduate named Andrew Youn.
I highly encourage anyone who is a values based leader like Andrew living locally in Miami to consider attending Northwestern University's Kellogg School of Management in Coral Gables, FL.
Brian C. Smith- EWM Realty International- Kellogg Alumnus
Edgewater | Miami Beach | Luxury Real Estate
#GivingBack #Africa #HelpingOthers