Increase of farmers' agricultural yield through improved seeds
Africa, 2012
Social Issue
Small farmers in West Africa represent a significant part of the population and are highly vulnerable to extreme poverty and food insecurity.
Investing in the agricultural sector, particularly when linked directly to small farmers, is a very powerful tool for poverty reduction and improved nutrition.
Many companies in the West African agricultural supply chain malfunction and do not have sufficient capital. This causes the sector to underperform, making the food supply more expensive and unreliable.
Our Response
Injaro Agricultural Capital Holdings Ltd. (IACHL) invests in the agricultural sector with the social goals of alleviating poverty and revitalising the most economically depressed regions of West Africa. The countries where it works are Burkina Faso, Ivory Coast, Ghana, Guinea, Liberia, Mali, Niger, and Sierra Leone.
The availability of improved seeds is critical and prevents increased agricultural yield. Injaro aims to dedicate 30% of its investments to providing higher quality seeds at an affordable price for small farmers.
Injaro not only provides financing but also carries out a comprehensive technical assistance programme to improve its clients’ operations.
Expected Social Impact
The impact that can be directly attributed to Netri’s collaboration with IACHL involves 270 small farmers, who are supplied with their products or who receive quality seeds from one of the companies that make up Injaro.
IACHL is in the early stages of capital deployment, so its impact is expected to increase substantially as its investment rises.