Agriculture is at the heart of our world’s economy, and with that being said, without agriculture, everyone would literally starve and noone understands the need for food security more than Africans.
It is no wonder that many of today’s emerging African innovators and entrepreneurs are focusing their modern skills and technology on food security and agricultural science.
Two of these young innovators, all the way from Kenya, are Rita Kimani and Paris Bosire who, no doubt, grew up witnessing the frustration their families and communities faced with agriculture and productivity and have now decided to do something about it.
Rita and Paris met in university and became instant friends from then while doing internships and competitions related to computer science skills.
In their final year, they decided to close the gap between smallholder farmers and financial institutions by launching ‘FarmDrive’, an Agri-tech start-up platform as an alternative credit scoring for smallholder farmers to be able to take loans and financial management tools all that through a mobile phone.
So far, 3000 farmers have registered with the platform borrowing over $130 000 loans. Literally they have taken their idea from “farm to fork”!
Are you familiar with the Sustainable Development Goals (SDG)? If you are then that’s a good thing because ‘FarmDrive’ works together with the SDG to end the following:
- No poverty – as we all know, sustainable agriculture is the most effective tool to end poverty and has the ability to lift millions if not billions of people out of poverty.
- Zero hunger – Enabling the 50 million smallholder farmers in Africa to increase their productivity will help feed 9 billion people by 2050.
- Gender inequality – farm drive’s alternative credit scoring model ensures Africa’s youth with quality and sustainable economic development by introducing data driven tech solutions for the challenges faced with agriculture.
- Reduced inequalities –When small holder farmers have access to credit, they can sustainably contribute to economic development while improving their livelihoods.
This innovation has won multiple awards and also gained recognition from Queens Young Leaders Programme that celebrates young people from commonwealth using their skills to transform people’s lives.
Nearly 50million smallholder farmers in Africa are struggling to support their families and communities through agri-business because less than 10% have their economic needs met by the financial sector.
One thing you should know is that agriculture employs 65% of Africa’s population and makes up to 32% of its GDP. So do you see how important it is admire this industry?
Here is one of FarmDrive’s success stories…
Pius Mitei, a farmer from Kampi Ya Moto in the Rifi Valley Region of Kenya who shared his testimony as to how FarmDrive has helped him and his agri-business.
Pius purchased 200 chickens and tried to launch a poultry farming business but due to lack of capital, he had to put the whole idea on hold. Now imagine how devastating that was for him…
Now through Farmdrive he has now sold over 500 chickens and using his increased income, he expanded his agri-business. He certainly endorses FarmDrive for all those wishing to grow their agri-businesses and have a positive impact on their communities.
Imagine being able to do this for your family and your community.
Remember Rita and Paris story started in uni where they honed their computer science skills?
Now, with BU you too can be able to access all the skills and knowledge about computer and science that can open doors for you too. Our FACULTY OF COMPUTING can help you positively improve your life and the people of your community.
Why wait? Apply now!