Farmerline

funding gap emerging markets

Farmerline, a Ghanaian agri-tech company founded in 2013 by Alloysius Attah and Emmanuel Owusu Addai, is dedicated to uplifting smallholder farmers across Africa. Through innovative digital solutions, Farmerline addresses agricultural challenges, providing access to inputs, financing, and climate-smart farming techniques.

By leveraging technology, Farmerline empowers farmers to access premium inputs, flexible financing, and education on optimal farming practices, thus improving their livelihoods. Through their online platform, Mergdata, Farmerline facilitates market access to farmers and other stakeholders, increasing incomes, reducing intermediary processes, and minimizing post-harvest losses, ultimately strengthening food security.

With over 300 agro-input partners, Farmerline facilitates input sales and asset financing for farm machinery, ensuring comprehensive support for farmers. Its Mergdata platform licenses to agribusinesses, generating revenue while providing vital agronomic information to farmers.

Supported by various international institutions, Farmerline continues to expand its impact, partnering with organizations such as Mastercard Foundation, USAID, and Technoserve to promote sustainable agriculture and climate initiatives.  

 

General information

BorrowerFarmerline Limited
CountryGhana
Head officeKumasi
Websitehttps://farmerline.co/
Founded10 February 2012
Active on Lendahand since27 March 2024
Credit Score2.55

Financial information per 2023-12-30

Total assets€8,331,390
Revenue€13,900,515
Leverage ratio55.03%
Liquidity16.99%

About Ghana

Ghana, officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and Togo in the east. Ghana covers an area of 239,567 km2 (92,497 sq mi), spanning diverse biomes that range from coastal savannas to tropical rainforests. With over 32 million inhabitants, Ghana is the second-most populous country in West Africa. The capital and largest city is Accra; other significant cities include Kumasi, Tamale, and Sekondi-Takoradi. Ghana is highly integrated in international affairs, being a founding member of the Non-Aligned Movement, African Union and a member of the Economic Community of West African States, Group of 24 and Commonwealth of Nations.

Last funded project