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Provider of financial services intended to offer loans to small farmers. The company's services leverage alternative datasets to create comprehensive credit scores which financial institutions use to lend to smallholder farmers at the base of the pyramid, thereby enabling farmers to get loans, improve the livelihoods of entire communities, and alleviate poverty, hunger and inequalities.
FarmDrive’s alternative credit scoring model ensures financial inclusion for the disenfranchised women that make up 60% of African smallholder farmers. The company aims to revitalize agri-business and provide Africa’s youth with quality, sustainable economic opportunities by introducing data-driven tech solutions for the challenges faced in agriculture. Sustainable agriculture is the most effective tool to end poverty. When farmed properly, with quality inputs, the fertile land in Kenya and throughout Africa has the ability to lift millions out of poverty.
- Nairobi, Nairobi County, Kenya
- Countries of operation
- Year Founded
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- Human and Managed Systems
- Impacts to human health, and loss of livelihoods, Reduced agricultural productivity and food security
- Generating revenue?
- We are generating revenue
- Company stage
Last updated: May 3, 2021