One Acre Fund

One Acre Fund is a social enterprise that supplies smallholder farmers in East Africa with asset-based financing and agriculture training services to reduce hunger and poverty.

[1] Using a market-based approach, One Acre Fund facilitates activities and transactions at various levels of the farming value chain, including seed sourcing and market support.

[3] One Acre Fund offers smallholder farmers an asset-based loan that includes: 1) distribution of seeds and fertilizer; 2) financing for farm inputs; 3) training on agriculture techniques; and 4) market facilitation to maximize profits.

One Acre Fund offers a flexible repayment system: farmers may pay back their loans in any increment at any time during the growing season.

Beyond their core program model, One Acre Fund also offers smallholder farmers opportunities to purchase additional products and services on credit.

While earning his MBA at the Kellogg School of Management, Youn visited western Kenya in August 2005 and interviewed smallholder farmers about their quality of life.

Upon returning to Kellogg in the fall, Youn designed a business plan to employ a market-based approach to introducing productive farming techniques to smallholder farmers in East Africa.

The One Acre Fund model has won grants from the Echoing Green and Skoll Foundations, and received the Financial Times/IFC award for "basic needs financing" in 2010 and 2011.

[18] In 2015, The Guardian published an article titled "Kenya's Small-Scale Farmers Borrow Seeds To Grow Potential"[19] that takes a closer look at their field operations.