e-agricultural services

I bring to you myfarm.com.ng an online platform that is bridging the gap between farmers to right access to e-agricultural services in rural

Photo of Mba
0 3

Written by

I confirm that I am fully aware of the eligibility criteria, and based on its description, I am eligible to apply to the CSV Prize 2017.

  • Yes, I'm eligible

Preferred language

  • English

Organization name

MGA INTEGRATED FARMS LTD

Year founded

2015

Initiative stage

  • Growth (the pilot has already launched and is starting to expand)

Annual budget in 2017 (USD)

  • $10k - $50k

Number of beneficiaries impacted so far

  • 50 - 100

Organization type

  • For-profit

Secondary Focus Area

  • Rural development
  • Nutrition

Headquarters location: Country

  • Nigeria

Headquarters location: City

Abakaliki, Ebonyi State

Location(s) of impact

Country: Nigeria
City A: Abakaliki
City B: Ebonyi State

Website

Working-in-Progress

Facebook URL

@MbaGabriel.com

Twitter URL

@agwumbaagha.com

Problem: What problem is this initiative trying to address?

30 states out of 36 states of Nigeria are made up of rural farmers who have challenges dealing with food insecurity, poverty, and hunger as a result of lack of e-agricultural services such as (extension services, credit facilities (loan), farm education, virtual market place, mobile payment, information, high production costs and inefficiencies in agricultural development) in the face of a rapidly growing population.

Solution Summary: What is the proposed solution? What do you see as its most promising aspects for creating shared value?

The web platform will transform those rural communities into a digitally empowered knowledge economy. Example; Farmers will be provided with a virtual market place that uses trade by barter method. Farmers will have access to display their farm produce and finished products for sale and export. Market price information, government announcement and marketing strategies to assist, guide and support the farmers will also be available for their perusal. farmers will have access to farm cash, farm inputs loan in material form e.g fertilizer, herbicides, seeds, seedlings, stems tubers and others, farm equipment and machinery loan. Access to educational materials from all field of agriculture in farmer’s local dialect. e.g livestock, crop plant, agro processing, farm management, climate change, soil management, farm design and others. Mobile payment will be in place for transaction.

Impact: What is the impact of the work to date? Specify both the social and the environmental impact of your work

On the platform farmers have access to all relevant information related to agriculture in their own dialect. The Platform have served as a one-stop shop for farmers and provides information on a range of topics including best practices, input suppliers’ networks and agromet advisory. Location-specific information can be accessed by drilling down to the block level. To overcome language and literacy challenges, an SMS portal is used for dissemination of voice-based advisories. After pre - launching of the online and offline facilities, poverty was reduced by 10% within the 50 rural based communities the platform is in operation, with a record profit of $10,000 and creation of 100 jobs in the last 12 months.

Financial sustainability plan: How is this initiative financially supported? How will you ensure its financial sustainability long-term?

Individual donations; 5%
Grants; 0%
Corporate contributions; 6%
Earned income; 40%
Other; Personal saving = 49%

Unique value proposition: What makes your initiative innovative? How does your project differ from other organizations working in the same field?

Platform tap into the opportunities created by fintech, ICT, Agriculture and internet and add value

Founding story: Share a story about the "Aha!" moment that sparked the beginning of this initiative.

I discovered that all Nigeria banks both public and private does not offer credit facility to rural based farmers. So, what I did was to build and design a web platform that offers cash/inputs (credit facilities), virtual market place, mobile payment, e-trade, farm education and extension services to all rural based communities and hinterland across Nigeria states. The problem faced by poor and rural based individuals and those who live below $2 per day in Nigeria and Africa at large have compel me to apply scientific research in catering for their needs. And, I have been working seriously on problems discovered and proffering lasting solution, by conducting research in various areas of agribusiness sector in order to developed affordable

Where did you hear about the Nestlé Creating Shared Value Prize?

  • Search engine

Evaluation results

2 evaluations so far

1. Overall evaluation

5 - This idea rocked my world. It’s awesome! - 0%

4 - This idea seems really exciting. With a little more polishing, it’d be among my favorites. - 100%

3 - I think the idea is great, but it needs some work before it moves onto the next round. - 0%

2 - I liked it fine but preferred others. - 0%

1 - It didn’t make my heart beat faster. Needs significant revisions. - 0%

2. Innovation

5 - Absolutely, 100%! - 0%

4 - I feel really good about this - very promising - 50%

3 - This has some good elements and some areas for development - 50%

2 - This doesn’t inspire me so much - 0%

1 - This entry is weak here - 0%

3. Social and/or Environmental Impact

5 - Absolutely, 100%! - 0%

4 - I feel really good about this - very promising - 50%

3 - This has some good elements and some areas for development - 50%

2 - This doesn’t inspire me so much - 0%

1 - This entry is weak here - 0%

4. Financial sustainability

5 - Absolutely, 100%! - 100%

4 - I feel really good about this - very promising - 100%

3 - This has some good elements and some areas for development - 0%

2 - This doesn’t inspire me so much - 0%

1 - This entry is weak here - 0%

Nothing stands out! I thought it was great. - 0%

5. Potential to Scale / Replicability

5 - Absolutely, 100%! - 50%

4 - I feel really good about this - very promising - 50%

3 - This has some good elements and some areas for development - 0%

2 - This doesn’t inspire me so much - 0%

1 - This entry is weak here - 0%

6. Organizational Leadership

5 - Absolutely, 100%! - 0%

4 - I feel really good about this - very promising - 50%

3 - This has some good elements and some areas for development - 0%

2 - This doesn’t inspire me so much - 50%

1 - This entry is weak here - 0%

7. Potential for Creating Shared Value

5 - Absolutely, 100%! - 0%

4 - I feel really good about this - very promising - 50%

3 - This has some good elements and some areas for development - 50%

2 - This doesn’t inspire me so much - 0%

1 - This entry is weak here - 0%

0 comments

Join the conversation:

Comment