UfarmX ? (Techstars '24)

A new World Economic Forum report highlights that agricultural supply chains in Africa lose up to 40% of their value due to inefficiencies. Farmers get squeezed on prices, agribusinesses struggle with sourcing, and the entire ecosystem suffers from lack of transparency. At UfarmX ? (Techstars '24), we’re fixing this by: + Connecting farmers directly with buyers—cutting out middlemen. + Providing real-time pricing data—bringing transparency to procurement. + Helping agribusinesses forecast supply—reducing food waste and inefficiencies. Better finance is just one piece of the puzzle. When supply chains work, everyone wins—farmers, businesses, and consumers. ?? #Agritech #SupplyChain #Procurement #FoodSecurity #AfricaTech

The Math is Simple, But the System is Broken Better data → Lower risk → More capital → Healthier farms → Healthier planet. So why are nearly 600 million smallholder farmers in Africa still struggling to access finance? The problem isn’t the farmers—it’s the outdated risk models used to assess them. Traditional banks don’t have the right data, so they either charge predatory rates or refuse to lend at all. At UfarmX, we’ve proven that when you assess risk properly using geospatial, socioeconomic, and farm-level data, default rates drop, and capital starts flowing. The result? ?? Lower lending risk ?? Higher farmer yields ?? Stronger agribusiness supply chains ?? A more food-secure planet The equation is simple. The opportunity is massive. The only question is: Who’s ready to invest in the future of finance for farmers?

The Next Billion-Dollar Opportunity Is in the Soil Everyone wants to invest in the next billion-dollar startup. What if I told you it’s not in software—it’s in the soil? Africa has up to 600 million smallholder farmers feeding 1.4 billion people, yet most agribusinesses struggle with sourcing, traceability, and inefficiencies. * Food processors lose billions due to fragmented supply chains. * Farmers can’t access capital to scale production. * Middlemen take a cut at every stage, inflating costs. At UfarmX, we connect farmers directly to markets and financing, eliminating inefficiencies and unlocking exponential growth. By 2029, Africa’s agribusiness market will be worth $1 TRILLION annually—and the companies that fix these inefficiencies today will own that future. Are you paying attention? #Agribusiness #SupplyChain #Agtech #AfricaInvesting #Fintech

For decades, banks have labeled smallholder farmers in Africa as "too risky" for financing. But is the risk real—or just a data problem? This mirrors the early days of microfinance, where "risky borrowers" turned out to be highly reliable once they had access to capital under the right conditions. The issue wasn’t the borrowers—it was the lack of data to properly assess their creditworthiness. At UfarmX ? (Techstars '24), we’ve changed that narrative. Our technology captures unparalleled insights on each farmer, including individual photographs, geospatial data, precise GPS locations, and socioeconomic profiles. With this, we provide accurate risk assessments, enabling us to finance farmers previously deemed “unbankable.” Our results speak for themselves: - Default rates under 10%, outperforming traditional banks - Farmers tripling yields & more than doubling revenue The real risk isn’t lending to farmers—it’s ignoring an industry that feeds millions and is projected to generate $1T annually by 2029. The biggest untapped market in global finance. What do you think? Are banks missing out on the next big opportunity? (as cool as my Qwen-generated images have been, it turns out that AI still can't out-pixel reality)

Traditional banks have failed African farmers. (Rigid loans. 50%+ default rates. No real solutions.) In Nigeria alone, over 90% of smallholder farmers lack access to finance. The result? ?? Low productivity ?? Missed opportunities ?? A broken system At UfarmX ? (Techstars '24), we’re changing the game. By using AI to leverage geospatial and socioeconomic data, we accurately assess creditworthiness—unlocking flexible financing for farmers and agribusinesses. The result? ?? A default rate below 10% ?? Higher yields, stronger businesses ?? Real growth in agriculture Finance shouldn’t be a barrier to feeding the world. Smarter lending = a more resilient food system. We’re proving it. If you're interested in transforming agrifinance in Africa, let’s talk. (Image courtesy of Qwen 2.5 , clearly it still needs some work lol) #Agrifinance #UfarmX #FarmerFinance #FintechforAg #AfricaAgriculture