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About us

Farmers.ng is a full-stack agri-fintech challenger bank offering digital and offline innovative technical, financial, and embedded insurance services to primary producers, traders, and processors while facilitating access to farm inputs, cutting-edge infrastructure, storage and markets.

Our mission, vision, and values statements reflect our commitment to transforming the agricultural sector, leveraging technology and innovation to address the value chain’s specific needs and challenges.

Mission

To empower farmers to maximize their productivity and profitability and contribute to food security and economic growth.

Vision

To be the catalyst that propels the largest network of agricultural value chain actors to a tech-enabled productive ecosystem, fostering sustainable agriculture practices and inclusive economic development.

Values

Customer-Centric

We prioritize the needs of our customers and strive to exceed their expectations by delivering tailored and impactful solutions.

Innovation

We embrace technology and continuously seek innovative ways to enhance efficiency, transparency, and scalability.

Collaboration

We foster strong partnerships and alliances with key stakeholders to create shared value and drive positive change in the agricultural value chain.

Inclusion

We are committed to promoting financial inclusion by providing accessible and affordable financial services to underserved agricultural value chain actors, empowering them to thrive.

Integrity

We uphold the highest standards of ethics, transparency, and trust in all our interactions, ensuring the long-term success and sustainability of our operations.

Impact-driven

We are dedicated to making a meaningful and measurable impact on the lives of agricultural value chain actors, promoting sustainable agriculture, and contributing to economic development and food security.

Sub-Saharan Africa’s agricultural sector is in dire need of structured value chain finance. At the cusp of a global food crisis, heightened by the covid-19 pandemic and further exacerbated by global conflict and climate change, countries are restricting food exports causing inflationary and supply pressures, even as population growth outpaces local food production.
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The largest market in Africa with a population of 220 million people

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Food items account for 57 percent of total household expenditure

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Food imports consume USD 5 billion of valuable foreign exchange

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USD 140 million is spent daily on food consumption

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The sector contributes about 23 percent to overall GDP in real terms and employs 48 percent of the labour force

Ample arable land and water resources

In Nigeria, agricultural lending pales in comparison to other sectors

5%

Agriculture

37%

Oil and Gas

14%

Education

22%

Communications

22%

Trade

In Nigeria, Agricultural lending pales in comparison to other sectors

5%

Agriculture

37%

Oil and Gas

14%

Education

22%

Communications

22%

Trade

Problems

Low penetration of financial services especially in rural farming communities 


Low yields, mechanization and subsistence scale


Constraints in accessing quality inputs


Fragmented agri-food value chains


Ancient food production systems


Traceability challenges


Post-harvest losses

Solutions

Linking, coordinating and financing producers, processors, traders, distributors and markets


Structuring efficient and scalable production, processing and storage infrastructure


Utilizing idle manufacturing, agribusiness and agro-processing capacity


Adopting precision, data and advisory driven farming systems


Ecosystem and value chain approach


Technical support

Social Impact

Farmers makeup 80 percent of the world’s poor, live in remote areas, and lack access to basic agricultural inputs and know how. Our initiative seeks to the global goals of eradicating rural poverty and achieving food security and sustainable growth by enhancing farmer productivity and income levels through sustainable intensification of production, better organization, adequate support services, access to credit and integration into agri-food value chains.

Environment

Carbon capture through agroforestry programmes


Nutrient recycling from organic waste


Smart land and water management


Paperless and green banking


Social

Creating real sector jobs


Improved farmer livelihood and soil productivity


Dissemination of genetically improved seedlings


Out-grower programmes with smallholder farmers


Agricultural training for unemployed youth and women


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