The project

This is a direct loan to the company Farmerline, selected by an external partner.
 

This loan will help Farmerline finance affordable fertilizers and equipment like tractors for 3,985 smallholder farmers, directly delivering these agro-inputs to their doorstep - while paying on credit. Farmerline, based in Ghana, is dedicated to empowering smallholder farmers to make agriculture profitable and sustainable. Take Farmer Sam, for example, he benefited from receiving fertilizers on credit and later used Farmerline’s services to access the latest market prices on his phone, ensuring he could sell his produce at a fair price and protect himself from middlemen exploitation.

By educating farmers on climate-smart agriculture, Farmerline promotes sustainable farming techniques that improve soil health, water efficiency, and crop resilience. Moreover, Farmerline's Mergdata offers voice-call services in local languages for farmers often lacking mobile data, providing them access to real-time weather forecasts, market trends, and expert advice. This helps them make informed decisions, increasing yields and profitability, much like it did for Sam. Overall, Farmerline’s comprehensive approach supports farmers' success in a challenging agricultural landscape, ensuring economic stability and environmental sustainability.

Watch how farmer Salima transformed her life and family's future through perseverance and help from Farmerline in Ghana:

What social return could your investment make?

Farmerline boosts smallholder farming by enhancing agricultural productivity and improving livelihoods. It connects over 123,000 farmers globally through its innovative Mergdata software. The platform supports agribusinesses, food manufacturers, NGOs, and governments with crucial data for ensuring farmers worldwide achieve sustainable profits. By directly sourcing from smallholder farms and bypassing middlemen, Farmerline connects tens of thousands of farmers to markets and offers comprehensive training, significantly increasing their net profits and advocating for climate-smart practices. With 51% of its clientele being women, Farmerline addresses gender gaps in rural areas, promoting economic growth alongside sustainable agriculture.

 

What financial return could your investment generate? 

• Annual interest rate 6.5%
• The maturity of the loan is 36 months
• Grace period: There is a 12-month grace period. This means the first repayment of your investment will be made after 18 months. After that, there will be a repayment every 6 months.
• With an investment of 1,000 euros, your expected total repayment would be 1.124 euros. 

The story of Farmerline

Agriculture significantly contributes to the economy of Ghana, accounting for around 20% of the Gross Domestic Product (GDP) and providing employment for nearly half of the workforce. The sector, primarily made up of small, traditionally family-run farms, faces numerous challenges, including access to quality seeds, lands, credit facilities, and markets.

Farmerline is a Ghanaian agri-technology company founded in 2013, dedicated to improving the livelihoods of farmers in Africa. It addresses these agricultural challenges by connecting over one million farmers across 33 countries to essential agricultural information and services via mobile technology.