Farmcrowdy is Nigeria's first digital agriculture platform that connects small scale farmers across with smart farming techniques, quality farm inputs, and access to the superior markets to earn a decent profit margin compared to what they get from trading within their locality. Our solution is targeted at food manufacturing entities who need to gain predictable and seamless access to the input required to drive their food processing businesses as well as empowering smallholder farmers.
We empower smallholder farmers by linking the farmers to food processors who buy up their produce at competitively profitable levels through our digitized aggregation centers. This eliminates the middle-men who usually pay next to nothing for the smallholder farmers for their products.
Since inception in 2016, we have empowered over 25,000 rural farmers across 16 states in Nigeria with sponsorship funds from over 80,000 farm sponsors. We have completed several crop and poultry farm cycles with over 25,000 crop farm units sponsored and have reared in excess of 2.8 million poultry birds. We are currently at a phase where we are working with 50,000 farmers, plan to scale to 500,000 farmers in total by Q4 2020 and 3 million over the next 5 years.
In addition, we are also working on the development of tech-enabled aggregation centers. Our target within the next 3 years is to commission about 3,000 tech-enabled aggregation centres that would have a combined capacity of 360,000MT of produce annually.
We have also been able to raise the average income of rural farmers who have worked with us by about 80% while educating them on modern farm techniques to optimize their output, providing better farm input (seed, fertilizer, herbicides, feed, among others) and general best practices for farming. Our solution also provides farmers with a ready market to sell off their harvest produce, thus avoiding food waste and maximizing value obtained from the farm season.
Overall, our business model seeks to empower smallholder farmers across Nigeria with access to finance, access to smart farming skills and more importantly access to market to ensure that these farmers are economically empowered as we continue to contribute to food security in Nigeria and Africa eventually.