Description
WamiAgro is an Agro-based social enterprise that seeks to solve challenges faced by smallholder farmers through the application of new-age technologies to provide information, markets, input, and credit.
Market Opportunity/ Problem
Nearly one in ten people worldwide are facing malnourishment, with the majority living in Asia and Africa. Sub-Saharan Africa has a quarter of the world’s arable land but only produces 10% of its agricultural output. This is due to several factors such as inadequate investment/ financial services, difficult access to the market, inadequate Agric extension services, and low productivity. WamiAgro uses a multi-approach solution of existing offline social infrastructure and digital technology solutions to effectively solve problems faced by smallholder farmers by working with Farmer Based Groups, creating B2B market linkages, providing input credit, and teaching sustainable agricultural practices.
Company Information
Years of operation
2
Type of organization
Private company
Stage of the business
Early stage/ Startup
Agribusiness focus
Enabling (Digital agriculture/aggregation platforms)
Agriculture value chain(s) focus?
Food crops
Primary country of operation
Ghana
Other country(ies) of operation
N/A
How many employees does your business have?
7
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?
80% debt and 20% equity