Floyd Line Investment is a youth and woman-owned social enterprise venture supporting employment and entrepreneurship for impact and profits. The company’s vision is to create opportunities for the youth, women & special groups through impact ventures. The company is running its ‘AGRIFIT’ project in agriculture, agribusiness, finance, and technology that it expects will create 200 permanent jobs and over 600 casual jobs monthly while promoting gender equality and supporting over 22,000 smallholder farmers in the country through its value chains directly and indirectly.
The company is solving for low farm yields, market inconsistencies, bulk production, food insecurity, lifestyle change and increased population globally that has led to constrained resources. While Kenya has 60% arable land, only 10% of its gross domestic production is allocated to agriculture. With decreased farmlands globally due to property development and increased population demand for agricultural products is expected to increase by ~45% by 2050. There is therefore the need to increase farmlands. The company has already identified 200,000 acres of land for farming in Kenya that could potentially generate a Kshs.10 billion in annual profits from the fourth year of operation.