I am responding to this here because I work with ifarm360 and seeing what the team is up to there, the shared value and impact created in the lives of farmers, I can’t help the feeling that such comments are what scuffles good innovations.
But then again, being Kenyan I totally understand where this is coming from, the scams have become a worrying trend! Of course, it’s okay for such platforms to highlight that.
But, ifarm360 is not one of them.
Why?
This is a fintech (tech) startup focused on transforming the agricultural ecosystem (impact) in Kenya and Africa.
It's solving the challenge of access to agrifinance faced by millions of smallholder farmers. One of the distinctive differences in business modeling is the approach, we don't promise to farm on behalf of investors and make them unrealistic gains, instead, we are a trusted platform that farmers and investors can crowd farm.
And we have strong credible partners.
For all our completed farming projects and cycles we have paid back investors the expected ROI and in rare cases where farmers have some challenges with production, we communicate accordingly.
However, it's important to note,
Investments come with risks, farming even bigger ones but we work very hard to mitigate them, that is why we make the parties aware through the legal contracts.
See how we do this here.
To the community here, this is an opportunity to support an interesting innovation that is homegrown, solving a real local problem with huge potential to promote food security (Big Four, SDG 2) at scale while changing farmer financial inclusion narrative for good!
Feel free to reach us on Whatsapp 0110006609, visit us at our office in westlands, or fund a unit (or more) and see for yourself.
ifarm360.com
