About US

The Problem

The vast majority of people living in poverty are smallholder farmers. Farmers constitute 78% of the world’s poor, which is nearly 800 million people. Most live on less than $1 per day. Increasing the incomes of smallholder farmers has the potential to lift millions of people out of extreme poverty. However,a farmer’s income is often reduced due to market timing. Farmers are typically forced to sell the fruits oftheir labor directly after harvest, when cash is needed for daily expenses. This is also when market prices are lowest. The result is a loss of potential income and food security for smallholder farmers. Farmers less in need of immediate cash could store their harvest until prices increase, however this is risky too. Pests and mold can cause losses of up to 50%. Because of this risk, farmers have added pressure to sell prematurely, making the farmers lose up to 40% in incomes had they simply stored their produce and sold at better market conditions.

Fortunately, research has shown that a combination of two interventions is proven to reduce post-harvest loss and help farmers earn more:

Post-harvest loans provide farmers with short-term cash to cover daily expenses. The financial flexibility allows farmers to delay crop sales until market prices recover. Postharvest loans helpfarmers increase annual net revenues by 29%.

Post-harvest loans provide farmers with short-term cash to cover daily expenses. The financial flexibility allows farmers to delay crop sales until market prices recover. Postharvest loans helpfarmers increase annual net revenues by 29%.

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Why should you care?

Smallholder farmers produce over 80% of all foodstuff in Africa. The lower their purchasing power due to reduced earnings from their farms, the less likely they are to be able to afford quality inputs or yield increasing technology. And the direct result of these is lowered yield which eventually drives up the cost of food. This would create food insecurity in the country.

Do you want to make money from your post harvest infrastructure? Register as a partner to monetize your post harvest assets.