An award- winning social enterprise founded in 2011 in West Africa, myAgro works with smallholder farmers to improve their harvests and incomes by investing their own funds into their farms. Born from their founder’s insights whilst working at Kiva and One Acre Fund, myAgro has grown impressively - from serving only 500 farmers in Mali in 2012 to serving over 60,000 farmers across Mali, Senegal and Tanzania in the 2019 season.
myAgro has proven that smallholder farmers can and will use their own financial means to improve their standard of living. However, their cash flow is “lumpy”: funds are at their highest level during harvest time, when cash needs are lowest, and their lowest level during planting time, when cash needs are at their highest and it is time to purchase seeds and fertilizer. myAgro’s unique layaway payment system offers a solution to this wide-spread problem, allowing smallholder farmers to invest their own funds, little by little, into their greatest asset - their farms - all without going into debt.
Through an innovative and tech-intensive approach, myAgro continues to reach more and more farmers and expand the organization's communication, program, data management capacities, and footprint. Today, myAgro works in works in Mali, Senegal and Tanzania, all while exploring expansion into new African markets. The organisation will continue to innovate with technology to improve its sales and product offerings, leveraging its current momentum to create a truly pan-African and ultimately global operation. The team are excited and on track to reach their North Star goal of working with 1 million smallholder farmers to increase their income by $1.50 per day and move them out of poverty by 2025. This is an exciting period of growth for myAgro. Their award-winning team has received recognition from Skoll Foundation, Echoing Green, World Bank, Bill Gates and more.