PREFERRING BETTER SOLUTIONS TO AFRICAN PROBLEMS
Darsfarm aim is to make agriculture the fastest in jobs and wealth creation. Help farmers to create sales outlets and cottage processing
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.
DARSFIELD VILLAGE FARMS
Established (the solution has passed the previous stages and demonstrated success)
Annual budget in 2017 (USD)
Number of beneficiaries impacted so far
Headquarters location: Country
Headquarters location: City
NSAWAM, EASTERN REGION
Location(s) of impact
Nsawam, Akwadum, Coaltar, Aburi, Papmpamsu (Eastern Region),
Tamale (Northern Region),
Agbozume (Volta region)
Ada & Asalaja (Greater Accra)
Problem: What problem is this initiative trying to address?
The continent of Africa especially Ghana is facing a double employment crisis;
1) A lack of jobs for the youths & women and an increasing number of youths in need of work. We are faced with high unemployment rate,
2) Increase poverty among our population
3) Lack of access into foreign markets (trade barriers)
4) Lack of transformation and innovative technology for efficiency & growth
50 Poor rural infrastructural development initiatives
Solution Summary: What is the proposed solution? What do you see as its most promising aspects for creating shared value?
Creating Employment: We believe agriculture hold the keys to prominently achieving a prosperous future for African youths. Youth unemployment is a major challenge that could be addressed through agriculture, of which agriculture is seen as offering a brighter future to younger people in Africa but especially Ghana and a way to stimulating growth in rural economy.
Creating wealth: In Africa we have untapped potential for growth in agriculture agro-processing and marketing.
Africans hate to trade among themselves, but we import huge of food quantity annually-
• Intra regional trade (among Africans) stood at 12% as compared to trade between Africa and other continents at 65%. We would establish grocery malls in cities across Africa & Ghana as sales outlets for our members
Initiate rural infrastructure development initiative by constructing pack-houses, cottage processing centers.
Impact: What is the impact of the work to date? Specify both the social and the environmental impact of your work
Impact of our projects would have seen about 413 youths and women trained in conservative organic agriculture entrepreneurship by end of 2017 and utilizing our land potentials and sustained innovative technology to creating thousands of jobs and creating tons of wealth.
And increasing food production, it would enable us cultivate and harvest more for both local and international markets the followings-
Fruits farming on 320 hectares and harvest 19,200 tons at the end of year
Vegetable farming on 320 hectares and harvest 12,800 tons annually
Medicinal herbs on 20 acres and harvest 200 tons yearly
Help us establish cottage factories in food hubs in selected rural areas in addition to siting pack-houses and sheds as farmers would be assured of marketing of goods through our established grocery malls in cities of Ghana and across Africa.
Financial sustainability plan: How is this initiative financially supported? How will you ensure its financial sustainability long-term?
Retained earnings of Ghc300,000 annually.
We hope to apply to Venture Capital funds and Angel financing.
We intend to list our company on Ghana Stock Exchange (GSE) to raise more capital for our business.
We would seek for investment partnership with others for technical and financial investment.
We would participate in business plan and pitching competition but our last option is to apply for commercial bank loans.
Unique value proposition: What makes your initiative innovative? How does your project differ from other organizations working in the same field?
Provide financial inclusion for more rural youths & women in agriculture with innovative agrictech
Founding story: Share a story about the "Aha!" moment that sparked the beginning of this initiative.
I traveled through the countryside of Ghana and saw how the people in rural Ghana were living in chronic poverty coupled to the degradation of farmlands and deforestation resulting in ‘loss’ of farmland or low yield of farm produce. The trickling effect is mass unemployment, crime and poverty. I saw an opportunity in which we could apply ourr expertise in Agriculture, Engineering and Sustainable Development to assist these [predominantly farming] communities and decided to start Darsfarm, in conclusion, this project if properly implemented would generate sustainable income for members and create up to 5000 direct jobs in rural setting and this does not include the indirect jobs in rural Ghana, creating stable income and reducing poverty.
Where did you hear about the Nestlé Creating Shared Value Prize?