Restocking grains

Angela

Abuja, Nigeria

100% repaid

Entrepreneur

Name

Angela

Member since

June 2019

On-time repayments

33 installments  •  82%

About Me

The Farm to Market Alliance helps smallholder farmers receive relevant information, investment and support from seed to market, so they can produce and sell marketable surplus and increase their income.

Africa is recognized as the future breadbasket of the world, but the continent’s annual import bill is estimated to rise from US$35 billion to $100 billion by 2030. Farm to Market Alliance’s mission is to create a thriving and sustainable agricultural sector that empowers farmers, forges strong markets and improves global food security.

Farm to Market Alliance (FtMA) is a public-private sector consortium of six agri-focused organizations formed to make markets work better for farmers. FtMA’s demand-led holistic value chain solution "PATH" supports African farming families to transition to commercial agriculture by addressing the major challenges that smallholder farmers face. FtMA empowers smallholders to become reliable market players through access to four integrated pathways: (p)redictable markets, (a)ffordable finance, (t)echnologies and quality inputs, and (h)andling and storage solutions.

Through PATH, FtMA structures market engagement, training, expertise, products and services. Stakeholder involvement is based on long-term linkages between farmers, market off-takers and other key market players such as crop aggregators, input and equipment suppliers, logistics and mechanization service providers to financial institutions, insurance providers and fintech companies.

My Business

Overconsumption of meat and dairy is a public health risk, and processed meat Is classified by the World Health Organisation (WHO) as a Group 1 carcinogen alongside tobacco and alcohol.
The Global Food System (GFS) represents up to 30% of the world's carbon footprint, half of which is from meat production and animal agriculture alone.
This represents 14.5% of global carbon emissions, surpassing the entire global transport sector - all the cars, trucks, trains, ships, and planes combined.
Obesity is on the rise in Nigeria, and citizens who suffer from obesity, have a higher risk of cardiovascular diseases, diabetes, and certain types of cancer. Obesity is also an independent risk factor for premature death, all of these we can categorically say are from the increased consumption of meat and dairy products.
It is based on these statistics and data that we are designing alternative sustainable solutions in the form of Plant Based Protein Replacement Meals which are healthier, and free of group 1 carcinogens, which also can promote mechanisms for raising capacity for effective climate change related planning and management in Nigeria.processing is planning to expand its operation to include distribution to stores within the entire FCT and Lagos.
Owner funding and internally generated cash flow will enable most the expansion plan.
The company intends to secure a Two million naira short term loan (N2,000,000)
Sales projections for the next three years are based on current sales success with the target customer base in the FCT.
Initial contacts have been completed with retail outlets throughout the FCT and the potential target markets have been identified.
This plan will result in sales revenues growing to Three Million Naira by Year 2.

Loan Proposal

Forward delivery contracts between farmers and buyers specify minimum sales volumes in advance to allow smallholder families to plan beyond the farm gate. These forward contracts with national and regional buyers have assisted many farmers in securing loans and crop loss insurance for the first time.

This model ensures that they can confidently plan, grow, store and sell their crops and maximize productivity, profitability and resilience over the long term. Importantly, it also builds the confidence of agri-market players in doing business with smallholders.

WFP is among the six members that have committed to participate in the global consortium. The others include: Alliance for a Green Revolution in Africa (AGRA); Bayer Crop Science AG; Syngenta Crop Protection AG; Rabobank; and Yara International ASA. Each of them brings specifically targeted expertise, industry experience and the asset base necessary for working at scale in developing countries.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$118.00

Date disbursed

Dec 12, 2019

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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