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Hectocrux Solutions Sustainable farming, at scale.

Farmwise Project will offer 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. Each service bundle is around US$100 in value and includes crop insurance to mitigate the risks of drought and disease.
To receive the Farmwise loan and training, farmers must join a village group that is supported by a local Farmwise field officer. Field officers will meet regularly with the farmer groups to coordinate delivery of farm inputs, administer trainings and to collect repayments. Farmwise will offer a flexible repayment system: farmers may pay back their loans in any increment at any time during the growing season. Under the pilot scheme, Farmwise is planned for one acre per farmer and each farmer is expected to achieve US$900 in first year and US$1,600 in year two.

Sectors Agribusiness, Food and beverage, Specialty retail
Location Abuja, Nigeria
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