|LAST YEAR 2012||2013 END OF YEAR PROJECTED||2014 PROJECTED|
|SCALEFarm families reached||135,000||163,000*||251,000|
|ImpactAvg % gain in income||100%||100%||100%|
|Sustainability% Field sustainability||84%||74%*||84%|
Each farm family counted received a loan for farm inputs, delivery, training, and post-harvest services.
One Acre Fund provides high-quality, full-time employment in rural areas.
The vast majority of One Acre Fund’s staff are farmers. Through professional feedback and leadership development programs, our staff constantly advance their careers into meaningful management roles.
On average, our farm families gain at least 100% in farm income per acre. We measure this carefully, by comparing a random set of One Acre Fund harvesters to a random set of newly-enrolled farmers who have not yet planted with us (forming a comparable control group).
Every year, we ask more than 1,000 farmers about their harvests and physically verify their answers. Although we often record higher-than-100% gain in income per acre, this varies year-to-year, depending on crop prices. For this reason, we report the 100% metric as a conservative measure.
One Acre Fund field expenses include farm inputs and logistics, local field staff, in-country headquarters, and an “HQ charge” paid to our international headquarters.
Of these expenses, 74% is covered by revenues from our field programs. Any shortfall is covered by donor grants. Not included are our significant R&D expenses, which include new country scouting, product innovation, and service innovation. These costs are covered by donor grants.
*In 2013, a new maize virus has emerged in Kenya, which causes near-total crop loss in maize. One Acre Fund quickly adjusted our operations to offer many alternative crops and protect our farmers, but this will cause a slight contraction both in our Kenya farmer numbers and our financial sustainability in 2013.