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RWANDA Venture Philanthropy

One Acre Fund

One Acre Fund. Foto: One Acre Fund


Partner

One Acre Fund
Socio local

Sector

Beneficiados

107,400€
Coste


One Acre Fund (OAF) is a nonprofit social enterprise working with more than 800,000 smallholder farmers in Sub-Saharan Africa to eradicate hunger and poverty. OAF provides financing for agricultural assets and other commodities, as well as training in agricultural techniques to small farmers. Operating in sub-Saharan Africa, in 2018, OAF has benefited more than 800,000 families, achieving an average annual increase in their incomes of +$91, with a 97% credit repayment ratio and a social return of almost 3 times the invested (SROI), which allows the organization to be sustainable at 70%.

OVF is supporting One Acre Fund in Rwanda, where its results have been even better. 

The challenge

More than 50 million smallholder farmers in Sub-Saharan Africa are locked in annual cycles of hunger because they are unable to grow enough food to feed their families. 

The solution

One Acre Fund offers a complete bundle of services to smallholder farmers including: financing, distribution, training and market facilitation, which increase crop yields and families' income, reducing malnutrition. They use a market-based model that enables financial sustainability.

Impact
In Rwanda One Acre Fund has impacted the lives of 250,000 small farmer families, improving their annual income by +124$ in 2018. They have been able to generate employment for more than 1,000 people. The organization has achieved a social return on investment (SROI) of 5.6 times that invested.

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Sobre Open Value Foundation

Open Value Foundation es una fundación que cataliza soluciones innovadoras y sostenibles para mejorar la vida de las personas más vulnerables a través de proyectos y alianzas con un enfoque de Venture Philanthropy

Open Value Foundation pertenece a Santa Comba Gestión SL, holding familiar aglutinador de proyectos que fomenta la libertad de la persona desde el conocimiento.

Contacto

Paseo de la Castellana, 53, 2ª planta
28046 Madrid (España)

+34 91 077 06 08

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