One Acre Fund: successful agro microfinancing at scale
Innovative financing methods can help smallholder farmers develop better businesses
Brian Heese, director, investor relations, One Acre Fund, explains to Innovation Forum’s Toby Webb how the fund works and how it has grown from working with 2,000 to 600,000 farmers, principally in eastern Africa. With a 98% repayment rate on the loans One Acre Fund makes to farmers, it is a model that has proved it can work in different markets and at scale.
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