Description
All Farmers Online was founded in 2018 to bridge the gap between the farmers and the consumers in Nigeria. This huge gap is caused by information asymmetry in the market, which brings about speculations, hoarding, food scarcity, and a rise in food prices.
Market Opportunity/ Problem
Company Information
Years of operation
3
Type of organization
Private company
Stage of the business
Growth stage
Agribusiness focus
Enabling (Digital agriculture/aggregation platforms)
Agriculture value chain(s) focus?
Food crops
Primary country of operation
Nigeria
Other country(ies) of operation
How many employees does your business have?
3
Does the business have more than 30% women ownership?
No
Does the business have more than 30% youth ownership (under 35 years)?
Yes
Financing and expansion overview
How much capital is the company currently fundraising (US$)?
50k-500k
What is the split between equity and debt?
50% debt and 50% equity