Ifarm360
Description
Ifarm360 is Improving market access for smallholder farmers in Africa through a tech-enabled produce hub and value-addition network.
Market Opportunity/ Problem
Highly fragmented systems encourage smallholders to navigate farmer groups or brokers to get their produce to markets. Fluctuating, non-transparent prices and exploitation are often the result. Ifarm360 is keen on supporting farmers to increase yields and create opportunities amidst this chaos and accelerate unlocking the one trillion-dollar opportunity in agriculture in Africa—structuring Agrimarkets in Africa.
Company Information
Years of operation
2
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
Kenya
Other country(ies) of operation
N/A
How many employees does your business have?
16
Does the business have more than 30% women ownership?
Yes
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$)?
Below $250k
What is the split between equity and debt?
75% debt and 25% equity