Description
M-shamba is an interactive platform that provides up-to-date information to farmers about the agricultural activities they undertake or wish to partake in, helps farmers manage their farms efficiently, and connects farmers and traders to potential markets using various mobile phone features.
Market Opportunity/ Problem
Most smallholder farmers in Kenya still grow crops that were introduced by the missionaries and colonialists. They grow these crops for subsistence purposes only. However, research institutions come up with better and improved crop varieties that are meant to help these farmers. In addition, these smallholder farmers experience numerous information gaps about the service providers around them, market access, and how to adapt to climate change.
Company Information
Years of operation
7
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
Uganda
How many employees does your business have?
19
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?
75% equity, 25% debt