Finance to Power Smallholder Agricultal Production

The funds and knowledge for successful smallholder agricultural production.

We provide unsecured, produce-based cash and in-kind loans to smallholder farmers in rural areas along with professional extension advice.

Use Case

Ongom is a rice grower from Uganda. He wishes to integrate his rice growing with some other marketable crop. Though he wants all this, he doesn’t have enough funds to facilitate his dream of widening his agricultural skills. He also doesn’t know which varieties best grows in his area. This limits Ongom’s agricultural production potential. Jua Kali provides produce-based cash and in-kind loans to small-holder farmers after assessing the exact needs that farmers have.

Potential

Jua Kali is a farmer-centered loan service to provide produce-based loans to small-holder farmers like Ongom. Currently, formal banking and microfinance lending is currently heavily hinged on secured loans, locking out prospective small-holder borrowers. Also, the current lending model depends on farmers providing already existing security for their loans. Since lenders are primarily financial institutions, they also do not provide any agricultural extension support to borrowers. With all this present at Jua kali, small holder farmers like Ongom are able to widen their agricultural expectation backed up with helpful agricultural advice.

Business Case

Jua Kali provides produce-based cash and in-kind loans to small-holder farmers after assessing the exact needs that farmers have. Therefore borrowing isn’t tied to assets farmers have acquired, but on the produce they expect to harvest at the end of the farming period. Our in-kind lending program provides farmers with credit on physical agricultural products and services. These include loans on fertilizers and pesticides, as well as credit services on agricultural extension, land, labor and equipment borrowing. Our cash lending program is available to farmers who wish to acquire new equipment or to utilize the cash for non-farming activities. Our business is for-profit and levies an inflation-adjusted interest rate that we deliberately keep below financial institution lending rates.

Objectives:

  1. Making meaningful agricultural finance accessible to all.
  2. Providing tailored support to smallholder farmer borrowers to empower them to repay their loans.

Team Jua Kali

Mukono, Uganda

Our Team

Our Mission

Jua Kali is a farmer-centered loan service to provide produce-based loans to small holder farmers.

Our Background

We are change makers and on this platform we shall rock the world.

Our Team

Our Mission

Jua Kali is a farmer-centered loan service to provide produce-based loans to small holder farmers.Read More

Our Background

We are change makers and on this platform we shall rock the world.Read More

The information contained here represents student project ideas developed as the result of brainstorming activities during Round 1 of the TFF Challenge. It does not represent any final business plans or commercial products.