3-Year Milestones and Vision
3-Year Milestones
Our organization is driven by metrics, and we have three major milestones that we strive to reach: scale, quality of impact, and financial sustainability.
Our proposed milestones for the next three years are summarized as follows:
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ONE ACRE FUND MILESTONES |
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Scale |
Impact |
Financial sustainability |
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(Farm families served) |
(Quality of client impact) |
(% of field costs covered by farm revenue) |
 |
|
 |
Scale milestones will be achieved through same-district growth, as well as through the launch of new districts. Impact milestones will be closely monitored by our measurement staff, and will be achieved by maintaining or improving program quality. Sustainability milestones will be achieved by significant economies of scale, or a driving down of our fixed cost per farmer as our program reaches more farmers.
Vision
Reaching our 2010 milestones will be an important validation point – to have an impactful, financially-sustainable program at a "respectable" scale of almost 30,000 families. Yet this is only a drop in the bucket compared to the ocean of need in East Africa.
We hope to use this validation point as a launching pad to grow a large revolution in small-farm productivity in Africa.
- After this stage, we will continue to scale our own program at an anticipated 80-100% per year, which is realistic when benchmarked against microfinance institutions. There are also hundreds of private corporations worldwide with 50,000+ employees and $1 billion+ in revenues – we believe our "business" can grow as large as those corporations
- We can infect partners with large, existing retail bases of customers to implement our model – even this early, we are in preliminary discussions with three different, well-known partners expressing initial interest in adapting our model to their clients
- We can set up a One Acre Fund franchise system, and equip social entrepreneurs with a toolkit to launch our program in a new geography
© 2010 One Acre Fund