Agriculture StartUp Puno Seeks To Drive Small Scale Farmers Into Commercialisation
Agriculture StartUp Puno Seeks To Drive Small Scale Farmers Into Commercialisation. Puno exists to drive small scale farmers into commercialization because the future of the African economy, a sustainable future that is, lies in exporting less, distributing food resources better (throwing away less food). The company is building African small scale farmers, 1 farmer at a time, to create a more sustainable Africa.
Puno is actively addressing issues from the beginning of the Agric Value Chain. With the company the small amount of money in one’s pocket, could make a difference in a farmer’s life. People from all over the world can give the farmer a portion of what the farmer needs to reach predefined goals. The farmer pays back as they harvest until the money is paid back in full plus interest to the investors. Every week, day in, day out, the Puno team still debates, brainstorms and discusses ways to make the farmers’ lives more easier.
The company believes that its calling is to make it easy for small scale farmers to reach commercialisation. Puno exists to empower already existing famers into creating food sustainable communities with the vision of making the African continent a more food secure place than it is currently. Its goal is to grow the future of Africa’s Agriculture by financially empowering the excluded farmers into being bigger businesses that produce on a bigger scale and provide for the whole continent.
The company also aims to address the lack of business development skills invested into farmers. Most farmers are farming informally and without registered businesses or proper accounting methods in place. This means that the problems faced by startup farmers and all farmers will be very farmer specific, as compared to other businesses in general, thus Puno is a farmer specific fintech solution.