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Farm Drive


Increasing the availability of financing to small holder farmers in East Africa

$150 Raised out of $3,000
-459 Days Remaining

What is the urgent social or environmental need you are addressing?

There are more than 50 million smallholder farmers in Africa, most of whom are struggling to make a living due to lack of capital to improve their farming activities. Meanwhile, financial institutions are making loans to small businesses but less than 1% of those loans are to smallholder farmers creating a global funding gap of over $450 billion to agriculture. This is a needless tragedy for the farmers involved. On the other hand, the lenders do not have access to well-designed, affordable solutions to help identify and manage their risks, as traditional credit assessment tools used by these financial institutions are simply not built to work for smallholder farmers. As risk limits the activities of lenders, There is a limited access to credit for small holder farmers.


What is your solution to this need? Describe your business strategy

FarmDrive expands access to credit to underserved smallholder farmers by forever changing the economics of how we identify, profile, and underwrite credit to smallholder farmers who have been invisible to lenders until now. Smallholder farmers, sometimes need just $10 at the right time and this would lift them out of extreme poverty. The $10 would mean quality farm inputs at the planting season which translates to bumper harvests.

We make it possible for lenders to acquire pre-vetted smallholder clients in the knowledge that the risks of agricultural lending are being managed. The solution is a catalyst to reduce the financial and operational risks while increasing operational efficiency. Whether credit providers are seeking to better minimize their credit risk exposure, digitize their loan application processes, or streamline their new client outreach, the FarmDrive platform allows them to do so by using world-class algorithms, modern technology and an immense amount of data captured by the solution interfaces.


Convince us it will work. What milestones have you achieved?

In 4 months, 837 farmers have been trained,signed up and are actively using FarmDrive. 60% of these farmers are women and youth who belong to farmer groups. Through the platform as well, 100 farmers have so far accessed credit in this time.


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Peris Bosire
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About Rita

Rita Kimani, is a young ambitious change maker. Her life’s work focuses on leveraging technology to enable smallholder farmers in Africa achieve self- sustenance. She holds a First Class Honours in BSc. Computer Science from the University of Nairobi and has proven expertise in conceptualising and designing solutions for emerging economies and fostering scalable innovations. Before FarmDrive, Rita worked at Mobile Decisioning (MoDe), a leading fintech company in Africa enabling millions in Africa & Asia to access convenient and affordable nanocredit. Rita has also been involved in ICT4D projects and brings extensive value from her experience to FarmDrive, making access to credit easy convenient, reliable, transparent and affordable to smallholder farmers. She’s currently studying MBA for Social Entrepreneurship.

About Peris Bosire

Peris Bosire is a young social entrepreneur and innovative changemaker from Kenya. She has a First Class Honours BSc. Computer Science degree from the University of Nairobi. Peris has been involved in various ICT for Development projects in 4 global companies including Nokia Research Center Design Projects and IBM Research­ Africa focused on building mobile applications targeting developing economies. Peris was recently awarded the prestigious 2016 Queen’s Young Leaders Award from Her Majesty the Queen and the 2016 Commonwealth Youth Awards for Excellence in Development Work in recognition of her outstanding role in transforming livelihoods and making a lasting difference in communities; contributing to global development.

Why is your team uniquely qualified to run this venture?

Our passion lies in leveraging technology and simple mobile phones to create solutions that address social, economical and environmental challenges. What makes this journey even more exciting is our love for interacting with communities to understand their pain points and capturing their aspirations and imaginations through solutions that are valuable, inclusive and transformative. The farmers are at the core of our product development process.