One Acre FundFarmers First
www.oneacrefund.org
Thank you
Four and five-year gala attendees Casten Family and friends Roxanne Hori and Robert Felsenthal Sarah King Barry and Jasminka Merkin Paul Wormley Jamie Wesner Kirsten Hull Kara Palamountain Wally and Barbara Scott Jordan Shields Kathy Tate-Bradish
“OAFers” in attendance … Tony Kalm, director of development Matt Forti, founding board chair Wally Scott, board member Paul Pickard, former director of operations Kenya Former Fellows
Allana Jackson Hydie Kim Jamie Wesner
Particularly-knowledgeable supporters Casten family Steve and Sue Wilson Paul Wormley, Sue Diamond Barry Merkin, Harry Kraemer Andersons
One Acre Fund
We serve one-acre farm families in East Africa
We don’t give hand-outs, we invest in hard-working families so they can help themselves Proven impact: double farm profit per acre Non-profit revenue model: farmers pay for services
5 years old – starting initial scale up We currently serve 60,000 farm families Will serve 120,000+ farm families in 12 more months
Our client
Where we work: East Africa
One Acre Fund works in East Africa, in the countries of Kenya and Rwanda
Kenya
Rwanda
Our Client
Most of the world’s poor are farmers.They have a remarkably uniform dilemma.
Feed a family of six with one acre of land,and a simple hand hoe
It is not working. Our families are not food secure.One in seven of our kids dies before age 5.
Farming is the world’s most dominant profession and biggest opportunity
Most of the world’s poor are farmers
Their profession is to grow food
They use out-dated tools and techniques
Zero existing capital
Simple tools and education can double farm income
This is the goal of One Acre Fund
How: our program model
Innovation 1: Complete “market in a box” for one-acre farmers
Producer Groups Productive asset loan (seed & fertilizer)
Training Harvest Market Access
Innovation 2: Distribution
Scalable impact
One field officer …
Producer Groups Seed and Fertilizer on Loan
Training Harvest Market Access
provides our service bundle … to 140 farm families
One Acre Fund Field Unit:
With 700 children in those families
ChariteStarted as a field officer in 2007
Immediately enrolled 200 farmers(double average at the time)
Promoted to field manager in 2008If given a chance, “would move tomorrow”to start a new One Acre Fund district
Took French language classes andother “fast track” classes
Led our newest district launch – Rutsiro District
Grew from 7 to 28 field officers in this past season
Charite with three of five of her children
Current Status and Vision
Current status
Scale:Families served
Control Test $-
$50
$100
$150
$200
$250
$300
Impact:2x net rev per acre
Sustainability:Program revenues
2008 2009 2010 2011 2012$0k
$2,000k
$4,000k
$6,000k
$8,000k
Vision this decade
Direct service
Build the largest network of smallholding farmers in Africa
We will directly serve 1.1 million families per year (5 million children)
We will be working in 5-6 countries
Partnership withgovernment
We will represent a significant constituency – for example, 12% of Rwanda’s entire population
We will use this as a platform to work together with African governments
Help build a broadermovement
We will work together with targeted, large microfinance institutions to help them expand into rural agriculture lending
An appeal
We are launching Burundi this year
Burundi is very similar to Rwanda, sharing similar agriculture and even the same language.
Burundi is incredibly poor, and there is great need. The country has virtually no development, and has been politically unstable until recently.
We see an opportunity. We began trial work in February of this year, and already have 1,400 farm families in the program.
Almost all people in Burundi are farmers.
Base education
Base education
Making compost
Input delivery
Planting Training
Medeatrice, age 26Rwandan farmer
Early 2010 – her first harvest of beansShe consumed 200 pounds, sold 800 pounds
She bought a shop, staffed by her husbandBonaventure, age 27
“It was my dream that I would have a shop.”
Late 2010: Another successful bean harvestMedeatrice again sold 800 pounds of beans
They have bought this piece of land
Medeatrice did not have the opportunity to finish high school; she stopped a year
short. Her son Prince will have a different life. “I plan to pay
for his university, and buy him land for the future.”
Our goal is to raise $250,000 tonight
All additional grants will be matched by part of an incredibly generous contribution from Steve and Sue Wilson
Of the remaining $125,000, we are already on our way with $50,000 donated by the Combes family
We only have $75,000 left to go! Please consider making a donation tonight, a pledge (someone will follow up), or take materials home with you
Thank you for your already-generous support by attending
Permanent Fund
An example of how $250,000 could help. Our Burundi team has farmers lined up. We just need the resources.
4,000 Farmersdoubling their farm profit per
acre
$250,000 loaned outevery year
$250,000 paid backevery year
24,000 individuals with enough food
Thank You!