One Acre Fund
Lisa Lennon
University of Arkansas at Fort Smith One Acre Fund
One Acre Fund is a non-government (NGO) not-for-profit organization headquartered in Bungoma, Kenya. One Acre Fund provides low-interest loans in the form of seeds and fertilizers to smallholder farmers. This organization was founded in 2006 by Andrew Youn, a Yale undergraduate and MBA graduate from Kellogg School of Management. Andrew now lives in Rwanda. Andrew Youn witnessed one family living well as their farm thrived while other families were starving to death in spite of farming efforts. He discovered many farmers who were impoverished did not use good agricultural techniques. In 2006, he began by granting small loans to 40 farming families and
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...at small farms constitute 90 percent of the world’s farms and employment of 1.3 billion people. This dominates agriculture in developing countries because two-thirds of the 3 billion rural people in the world live off the income generated by farmers managing some 500 million small farms (Halberg & Müller, 2012, p.21). Additionally, there are benefits to land conservation for local communities that involves reduced environmental hazards, improvement of water quality from ground recharge, economic gains from agricultural production from exporting, and the natural settings that bring tourism generating the economy (McMahon & Urban, 2010 p.2). It is only through the awareness of this informational insight into the differences between community types and their transitions throughout time that the public can explore and discover economic incentives for rural communities.
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In 1919, farmers from thirty states, including Missouri, saw a need. They gathered in Chicago and formed the American Farm Bureau Federation. In 1919, they had one goal, they wanted to speak for themselves with the help of their own national organization. Since 1919, Farm Bureau has operated by a philosophy that states: “analyze the problem of farmers and develop a plan of action for these problems” (Missouri). In the past 94 years, the A...
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Our nation was founded on agriculture, and for hundreds of years we were able to migrate across the nation bringing our farming tools and techniques with us. Technology has driven populations away from rural areas towards industrialized cities. With money now being pumped into cities, rural farmers are suffering the most. Farmers are taking out large loans in order to sustain their farms, leading to debt and in some cases suicide. Patel spoke about a farmer in India whose husband took his life because he was unable to live with the amount of debt from his struggling farm. This man left his wife and chi...
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...earch and extension, rural infrastructure, and market access for small farmers. Rural investments have been sorely neglected in recent decades, and now is the time to reverse this trend. Farmers in many developing countries are operating in an environment of inadequate infrastructure like roads, electricity, and communications; poor soils; lack of storage and processing capacity; and little or no access to agricultural technologies that could increase their profits and improve their livelihoods. Recent unrest over food prices in a number of countries may tempt policymakers to put the interests of urban consumers over those of rural people, including farmers, but this approach would be shortsighted and counterproductive. Given the scale of investment needed, aid donors should also expand development assistance to agriculture, rural services, and science and technology.
The World Food Program has been extending funds and food donations in enormous amounts to countries that are in dire need of help. They’ve concluded that there are 842 million people who suffer from famine and malnutrition every day. The nations are coming together to solve malnutrition and famine by investing in good nutrition and productivity, which eventually creates economic opportunities for these countries that suffer from famine. The World Food Program has started the process o...