FarmDrive
FarmDrive
Unlocking access to credit for smallholder farmers
Financial & Insurance activites | Kenya | Access to Financial Services |
Overview
FarmDrive is a fintech social enterprise that exists to bridge the huge funding gap between smallholder farmers and financial institutions through innovative ways of extending credit. FarmDrive's vision is an economically sustainable Africa where smallholder farmers have easy access to reliable convenient transparent and affordable finance to achieve self sustenance. FarmDrive s alternative credit risk assessment model is providing financial institutions with an agriculturally relevant and data driven model to assess risk and develop loans that fit the needs of smallholder farmers. Not only will this solution unlock millions of dollars of previously risk averse capital for smallholder farmers it will improve the livelihoods of entire communities thereby alleviating poverty hunger and inequalities.
Industry |
Legal Structure |
Operating Status |
Employees |
Financial & Insurance activites | Operating | 11 - 50 employees |
Funding and Financing Rounds
Sep, 2018
Undisclosed
Team
Impact
Geographies:
Social Objectives:
Environmental Objectives:
Operational Impact:
- Social Policies and Performance
Impact Reports & Metrics
Offices
Headquarters
L.R 1/437 Kindaruma Rd
Nairobi, Kenya