There are an estimated 500 million smallholder farmers in the world.
Smallholder farming is often characterized by lack of access to markets, fair prices and quality agronomic technical assistance.
Global Partnerships aims to improve the economic position of smallholder farmers and their families by investing in agricultural businesses that provide them with market access and technical assistance.
WHO IS SERVED?
The target demographic is smallholder farmers that manage fewer than five hectares and live on less than $3.10/day.
WHAT IS DELIVERED?
- Access to markets and higher prices via purchase contracts and price premiums
- Crop-focused technical assistance and basic financial management
- Certification training and access to improved inputs
WHY IS IT IMPACTFUL?
Household incomes increase and/ or stabilize as smallholder farmers:
- Diversify their crops
- Increase and/or stabilize yields
- Obtain higher and/or more stable prices
- Make better use of inputs
- Reduce post-harvest loses
HOW IS IT SUSTAINED?
The agribusiness purchases products from smallholder farmers and sells to upstream buyers. The cost of technical assistance is partially or fully funded by sales margins.
Story of Impact
Francisco, a farmer in Nicaragua making the most of market access from GP partner, Coproexnic.