Miner Sakmichit's Contact Details

Miner Sakmichit's Company Details

Farmer First Technologies Agro Limited : Farmer1st

Jos, Plateau, Nigeria • 11 Employees
Financial Services

Hi,@ Farmer1st we strive to provide solutions to the basic and contemporary challenges faced by over 30 million small scale farmers in Nigeria. Today, our solutions are designed to address the following problems:Financial InclusionWe have developed a mobile banking (USSD) platform to deepen access to basic financial services by farmers and the unbanked; currently estimated at over 50 Million individuals in Nigeria.Access to credit facilitiesWith lending to the agricultural sector at less than 4% of the total lending portfolio of banks and other financial institutions in Nigeria, we provide short-term loans to farmers and predominantly women agro traders at single digit interest rates.Market AccessOur online and offline market platforms provide farmers that vital connection to bulk buyers that helps reduce post-harvest losses which currently accounts for a staggering 40% of total food production in Nigeria, and the exploitative tendencies of some middlemen. With over 14,000 farmers currently on our database, we are focused more than ever before, to partner and add value to each farmer and agro trader in Nigeria.