Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Agent of Impact: Andrew Youn, One Acre Fund

ImpactAlpha, Aug. 21 – The goods and services needed to end global poverty are proven and well known, says Andrew Youn, founder and executive director of One Acre Fund. “We just need to deliver them.”

In 15 years, Youn has built one of the world’s most effective organizations at delivering goods and services to Africa’s small farmers. One Acre’s 6,500- strong ‘delivery army’ distributes bundles of better seeds, fertilizer and other inputs on credit, along with training and market access. That helps more than a million farmers increase their productivity, feed their communities and earn more income.

“We don’t need more genius types right now,” Youn said in a 2016 TED Talk. “The humble delivery guy is going to end global poverty in our lifetime.”

For years, Youn has called for a major expansion of private capital, alongside a continued flow of philanthropy, to scale up the proven interventions. This week’s announcement of a $20 million package of “catalytic capital” is a down payment. Youn and One Acre aim to leverage the flexible loans into $100 million to serve up to four million farmers in rural Africa.

One Acre Fund secures $20 million to catalyze institutional capital for African farmers

If farmer loans have long been considered financially risky, Youn has made equipping smallholders with the tools they need a safe bet on impact.

Most of One Acre’s farmers are women. They’re physically strong, mentally tough, and do whatever it takes to earn a better life for their children, he said on stage.

Pointing to an image of a farmer behind him, he said, “If we’re going to put the future of humanity in what person’s hands, then I’m really glad it’s her.”

You might also like...