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Home Tech

This Firm Connects Farmers To Rwandan Diaspora For Investment

by Staff Writer
June 5, 2021
in Tech
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Shoraweze, a Rwandan crowd farming platform, allows members of the Rwandan diaspora around the world to sponsor a farmer back home.

They have selected the best sponsorship opportunities in agribusiness for farmers and sponsors and use that capital to support small scale farmers.

With the sponsor’s capital and Shoraweze’s expertise, small scale farmers are able to generate higher yields from their farming activities.

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SHORAWEZE says premium crops like chia seeds will guarantee reasonable revenues on a long-term basis to local small scale farmers. It will also provide training and capacity building to the communities and improve the image of agriculture in general.

The SHORAWEZE platform connects small scale farmers with investors allowing them to access affordable capital.

With organic chia seeds, the sponsor makes a pledge of US$1800 per 1 hectare of land to farm for him. They sort, clean and sell the produce after harvest.  Once it’s sold, they give them a percentage of their initial sponsorship amount plus the upfront they paid at the beginning of the season.

A farming cycle of chia is three months and the payout is every four months, so 2-3 times a year in total depending on the availability of the land.

The innovative business model involves diaspora communities willing to support agribusiness in Rwanda.

Who is eligible?

SHORAWEZE.COM is open to any farmer looking into scaling up his production and learning new agri-tech solutions.

Diaspora organizations and Rwandan leaving abroad are invited to enter the program through the organization’s website or email shoraweze@gmail.com or call +250 789 976 500.

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