Family farmers in Africa grow a year's food supply using a hoe and seeds harvested from the previous year. Often the supply comes up short, and people experience a season of hunger. Yale business student Andrew Youn saw a way to create solutions with the One Acre Fund.
Our core service package for farmers includes: group formation, education, seed and fertilizer delivery, flexible payments (credit or sales), and market access. Farmers pay for these services.One Acre Fund helps poor farmers grow more, loans money for tools, and serves 75,000 east African farmers. On average, farmers double their income.
One Acre Fund was the recipient of the Financial Times Sustainable Banking Award for Achievement in Basic Needs Financing. The award recognizes groundbreaking programs, transactions, and initiatives that use the power of finance to address the scarcity of essential goods across society.
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