Swedish Postcode Lottery
December 2013: One Acre Fund awarded grant to support Tanzania new country launch
The Swedish Postcode Lottery, through Svenska PostKodStiftelsen, has awarded One Acre Fund 3,000,000 SEK ($340,000 USD) to support the expansion of our Tanzania operations, our most recent new country launch. This grant will help to fuel our growth to more than 8,000 Tanzanian farm families over the next two years, as well as drive adoption of solar light technology to an estimated 30% of our Tanzania network by the end of the grant period.
Partnership for smallholder technology adoption
November 2013: One Acre Fund receives $11.6m grant to fuel global innovations in smallholder technology adoption
One Acre Fund is honored to announce that we have received a three-year, $11.6m grant from the Bill & Melinda Gates Foundation. Through this partnership, One Acre Fund will leverage our unique operating model and “innovations platform” to bring agriculture technologies to the doorsteps of rural farm families. The project will directly enable at least 200,000 One Acre Fund farm families to access high-impact agriculture technologies over the coming three years, and will create new technology adoption partnerships with African governments to reach country-wide scale. Click here to learn more about our partnership.
The MasterCard Foundation
October 2013: The MasterCard Foundation and One Acre Fund launch $10 million partnership
The MasterCard Foundation and One Acre Fund have launched a four-year, $10 million partnership that will expand access to financial services and training for smallholder farmers in Kenya, Rwanda, and Burundi. The project will directly enable 181,000 additional poor farm households to improve their farming techniques, and ultimately double their farm profits on every planted acre. In addition, the partnership will help pioneer a new sector of microfinance, increasing the interest and commitment among microfinance institutions to expand successfully into rural areas. Click here to learn more about our partnership.
The Global Journal
January 2012 and 2013: One Acre Fund in Top 100 NGO List
One Acre Fund was listed at #18 on The Global Journal's list of the world's Top 100 NGOs in 2013, rising 42 spots from the 2012 inaugural ranking. Click here to view the full list.
June 2012: One Acre Fund Wins Two USAID grants
One Acre Fund is proud to announce a new partnership with USAID. We will receive $3.5m in total grants from 2012-2014, through two innovative new funding facilities: Development Grants Program and Global Development Alliance.
The Last Hunger Season
May 2012: Award-Winning Journalist Roger Thurow's Book about Four One Acre Fund Farmers is Published.
The Last Hunger Season tells the global hunger story through One Acre Fund farm families in Kenya, linking their challenges and successes to the broader debate on agriculture development policy.
PBS News Hour
April 2012: One Acre Fund Featured on PBS NewsHour
On April 3, the PBS NewsHour aired a segment about One Acre Fund's field operations in Kenya and Rwanda. Correspondent Fred de Sam Lazaro visited our operations in January, and the segment discusses our operating model and how we've grown to serve over 130,000 farm families in East Africa.
The show is part of the Food for 9 Billion series. Click here to watch the segment.
The Christian Science Monitor
March 2012: One Acre Fund Featured in Christian Science Monitor
One Acre Fund was featured in an article on the website of the Christian Science Monitor. The article says that we offer "a new type of microfinance designed specifically for Africa's small farmers." Click here to read the full article.
December 2011: One Acre Fund Included in Forbes Impact 30
One Acre Fund is honored to be included in the Forbes Impact 30, the magazine's first-ever list of the leading social entrepreneurs who are "tackling the world's most intractable problems." Click here to view the full list.
June 2010 and 2011: One Acre Fund Wins Financial Times Sustainable Banking Award
One Acre Fund was the proud recipient of the Financial Times/ IFC Sustainable Banking Award for Achievement in Basic Needs Financing, two years in a row. The awards attracted 156 entries from 110 institutions in 44 countries. The basic needs financing award is a tremendous validation of One Acre Fund's model from some of the preeminent thought leaders in the banking world.
April 2010: One Acre Fund Awarded Prestigious Skoll Award
The Skoll Foundation’s mission is to drive large-scale change by investing in, connecting and celebrating social entrepreneurs and other innovators dedicated to solving the world’s most pressing problems. One Acre Fund was one of five organizations to win the prestigious 2010 Skoll Award for Social Entrepreneurship, which includes $765,000 awarded over three years.
The Skoll Foundation is known for its incredibly thorough due diligence - they verified that we are on a path to create as much human impact as the best organizations in the world. For more on the award and on Skoll, click here to view the announcement page on Skoll's website.
The Mulago Foundation
June 2007: One Acre Fund Wins Mulago Social Investments Grant
Mulago Social Investments initially awarded One Acre Fund a $100,000 grant, increased their 2008 grant to $200,000 and gifted an additional $300,000 in 2013. Mulago Social Investments systematically chooses the best high-impact, scalable non-profit solutions in the developing world.
Draper Richards Kaplan
January 2007: One Acre Fund Wins Draper Richards Grant
The Draper Richards Foundation carefully funds the best early-stage nonprofit organizations. In 2007, they awarded One Acre Fund $100,000 per year for three years. The rigorous application process involved a panel of twelve top agricultural leaders and references, who all believed in our basic program model of investing in farmers to end poverty. The grant served as a call to action, providing the overhead and capacity for significant program expansion.
May 2006: One Acre Fund Wins Echoing Green Grant
Echoing Green identifies individuals with ideas for social change and provides them with seed money and strategic support to help them launch new organizations. One Acre Fund was one of 12 young "social start-ups" selected by the Echoing Green Foundation, out of 850 applicants, for a two-year startup grant.
Pershing Square Foundation
2009: Founding Grant to Permanent Fund
In 2009, Pershing Square Foundation made the founding grant to start One Acre Fund's Permanent Fund. This fund provides the capital that One Acre Fund uses to make loans to farm families. At the end of every year, this fund is replenished by repayments from those same farmers, and thus can be used to serve more farmers, permanently.
Pershing Square Foundation's first gift was for $0.5 million in 2009, followed by $1 million in 2010, $5 million in 2011, and most recently, a $4 million commitment for 2014 to 2016. Each grant has enabled One Acre Fund to make a significant upward revision to our projected growth path.
Stanford Social Innovation Review
Summer 2011: One Acre at a Time
In 2011, the Stanford Social Innovation Review ran a piece about One Acre Fund's founder, Andrew Youn, and our overall operations.
Click here to view the story.
August 15, 2012: Aid lifts Kenyan maize farmers' fortunes
In the summer of 2012, Katrina Manson of the Financial Times visited One Acre Fund to take a look at our field operations and how our program model is increasing the incomes of farmers.
Click here to view the story.
February 15, 2013: One Acre Fund Founder Receives Schwab Foundation Social Entrepreneur Award
The Schwab Foundation for Social Entrepreneurship provides unparalleled platforms at the regional and global level to highlight and advance leading models of sustainable social innovation.
Each year, in close collaboration with stakeholders of the World Economic Forum, the Foundation identifies a select community of social entrepreneurs to engage in shaping global, regional, and industry agendas that improve the state of the world. One Acre Fund founder Andrew Youn was one of 24 entrepreneurs awarded for 2013 in recognition of his innovative approach and potential for global impact.
Click here to view the announcement on Schwab's website.
Whole Planet Foundation
The Whole Planet Foundation is the philanthropic arm of Whole Foods, which makes grants to microfinance institutions in Asia, Africa, the Middle East, and the Americas. Since 2010, the foundation has committed over $2.7 million to our operations in Burundi, Rwanda, and Kenya. Their ongoing support enables us to continue expanding services in our countries of operation.
The Barr Foundation is dedicated to enhancing educational and economic opportunities for those living in poverty, with a special focus on environmental sustainability and climate change mitigation. One Acre Fund was initially awarded ~$1 million over 2012-2014 to support crop insurance and sustainable initiatives like solar lights, tree-planting programs, and composting trials in Kenya and Rwanda.
In 2014, that gift was extended to an additional $3.7 million in all program countries through 2016 to support crop insurance, tree-planting, solar lights, and staple crop diversification packages (e.g. sorghum and millet).