Agropreneur Initiative Transforming lives through agri-business

Agropreneur is a mobile based smallholder farmer lending solution. Our solution is designed to bridge the gap of immediate fund access for rural people (predominantly farmers) with limited access to formal credit. Agropreneur uses its own proprietary algorithm to assign credit scores to the rural farmers. Loans are guaranteed by the farmers’ farm produce. 

Only 1% of commercial lending goes to farmers in Uganda at an average interest rate of 26%. This is the gap we are trying to fill as we provide the smallholder farmers loans at interest rates between 10% and 15% depending on the risk. In addition to the micro-loans, we provide quality inputs to the farmers as well as marketing services for their produce. Our most recent addition is our agro-processing facility that produces nutritious porridge, powdered spices, groundnut paste, snacks and juice among others.

We have operated in Uganda for the past 2years years issuing over $70,000 in microloans building the size of our fund from $5,000 to $30,000 and the number of people we serve to over 200. Our annual revenue from lending, supplying farm inputs and marketing produce is on course to pass the $40,000 mark this year

Join us in building the next FinTech and Agri Business giant in Africa.

Fundraising

This venture is seeking finance for their venture. Are you an investor? Check out the Pro Account to see the details.

Idea

We have an elevator pitch. We have a revolutionary new idea that will change the rules of the game.
We have an elevator pitch. We have a revolutionary new idea that will change the rules of the game.

Agro-preneur Initiative provide agribusiness loans to rural small holder farmers and small scale agroprocessors in order to improve their produce quality and quantity. We provide the farmers with farming methods training, post-harvest processing as well as providing low priced inputs, equipment, alternative energy products and affordable nutrition

Team

Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

• Juliet Nabweteme (Finance) ACCA, CPA and an MBA in Finance. • Yulio Lukwago (Business Development) Bachelors’ of Business Statistics • Doreen Anyango (Agronomist) Bachelors’ of Industrial Chemistry • Nafula Clare (ICT) has a Bachelors’ and Masters in IT


Product

We have a working product and you can request a demonstration.
We have a working product and you can request a demonstration.

We have signed up 197 farmers within our 12 months pilot program of which we have issued loans to 50 of them and bought produce from all 197 farmers. We have set up 3 centres in 3 districts around Uganda and have started selling products in our affordable nutrition line.

Revenue

We have a cash-flow prognosis. We already have revenue from paying customers.
We have a cash-flow prognosis. We already have revenue from paying customers.

We finance activities our beneficiaries are involved in then support them with inputs, equipment, alternative energy products then we help market the produce therefore creating four main revenue streams which are: 1. The interest made from the loans to members of our program 2. Profit from trading in farm inputs, equipment and alternative energy products 3. Profit from marketing farmers and agro-processors outputs 4. Profit from selling products off our affordable nutrition product line

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Investment

Team

Updates