The cattle industry in Ghana has high potential for productivity growth and positive flow-on impacts on local economic development, poverty reduction and food security.
Farmable will build the capacity of Smallholder farmers by helping them improve the health and production value of their herd and facilitate their access to the market with the goal of achieving a better market price. Farmable has chosen to start fixing the source of the problem by building the capacity of small holder farmers and providing them with a market for their beef. Farmable will do this by implementing four specific programs:
When you support Farmable, you're helping us to carry out our capacity building programs.
Lack of access to financing and high interest rates up to 33% are major constraints to the growth of the agriculture sector, including Smallholder cattle farming. The perception among formal financial institutions is that the agricultural sector is a high risk and costly sector for financial services which adversely affects credit supply to the sector.
Farmable has developed an innovative on-line funding model (crowdFarming), in which social investors (cowbackers) can purchase a ‘share’ in a real cow in Ghana (a cowShare) in return for exclusive rewards. This will provide a continuous (and expanding) source of funding for Farmable initiatives designed to improve Smallholder farmer capacity and cattle production processes.
Animal health is the biggest restriction to improving productivity of livestock in Ghana. Ghana has a myriad of local diseases that restrict animal productivity and cause high mortality rates. This is a result of reluctance by smallholders to administer vaccines, lack of knowledge about available medicines and the cost of and access to vaccinations and other medication.
Farmable will work with farmers to educate them on various vaccines, subsidize the cost of vaccines using crowdfunding pledges (donations) and partner with veterinarians from NGOs already present in Ghana, to help correctly administer vaccines and antibiotics.
Over 50% of local farmers do not have any more than a primary education and the industry attracts an aging population. Many farmers lack basic production and managerial capabilities to efficiently manage their livestock. Because of this, they do not understand the importance of basic inputs such as provision of sheds for their animals, drenching, dipping or vaccinations of their livestock. This leads to poor animal health and business practices, low quality cattle and increased mortality rates.
Farmable are engaging with educational partners and NGOs to improve the financial and business management of the Smallholders. Women will also be included in knowledge sharing activities to increase their participation in business management.
Accessing the cattle markets can pose one of the great challenges for many Smallholder farmers. Prices can range from $300 to $800 per cow. Farmers are often forced to sell cattle for lower prices before the market is ready due to hunger or the need to send their children to school. Transporting cattle to markets is also difficult due to lack of water resources, poor roads and lack of transport options. Farmers also generally lack marketing experience and are at the mercy of traders and butchers.
Farmable will provide farmers with functional mobile phones (and training) to connect them with innovative ICT solutions that alert them (and Farmable) to supply and demand needs and supply market information. This will reduce the amount of travel needed need to communicate with Smallholder farms, thus reducing transport and fuel costs. Farmable will also transport the finished cattle to their processing partners and take responsibility of beef sales to increase profit per kilogram for both farmer and Farmable.
We start each partnership program with smallholder farmers by engaging in a mutually beneficial business relationship. This is to build trust between us and the farmer.
This trust enables our team to suggest and implement future capacity building programs. We do this by trading directly with selected partner farmers, achieving a good sales record, sharing profits and using excess profits to help pay fund additional capacity building activities.
Give your cow a name and personality. This will be how people see your cow and will be the cow character for your rewards.