Solar technology for irrigation can triple profits for growers within 1-2 crop seasons, compared with using other forms of irrigation systems and rainfall. To date, Kenyan smallholder farmers frequently rely on inexpensive diesel water pumps, which in the long-term are costly to run and emit dangerous CO2 to the environment.
Ifarm360 is partnering with Swiss-based Ennos to facilitate the access to solar-powered water pumps and irrigation kits to smallholder farmers in Kenya.
Typically, smallholder farmers are limited in their capability of an $1,000 upfront investment of this environmental friendly, high-quality and tech-supported solar pump. Thus we support our farmers by crowd funding the highly needed pumps and providing them with the flexible pay-as-you-farm financing option.
As a crowd investor, you support farmers in accessing the sunlight pump enabling them to increase their yields. Farmers enter into a 24-month pay-as-you-farm financing option with ifarm360. Thus, your investment will be locked with ifarm360 over the 24-months investment period where a yearly annual interest rate of 10% is paid.
Ennos' sunlight pump addresses smallholder farmer needs:
In Kenya, Ennos long-term local partner and distributor Epicenter Africa is responsible for installation, maintenance and technical support of the solar-powered pumps. Support is provided remotely, through the pump app or on site, if needed.
Ifarm360 is thrilled to kick of the collaboration with Ennos and Epicentre on this environmentally sustainable project.
With your investment we provide farmers with the needed resources to improve food production and earn more
How do we manage risks? Read more here
See our investor contract here
Investing at ifarm360 is very simple: