Total loan: $200,000
New Longoro, Brong Ahafo Region, Ghana / Agriculture
Flag of Ghana
Moringa Connect's loan finished fundraising,
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A loan helped To secure incomes for moringa farmers in rural Ghana during COVID-19 and beyond.
Moringa Connect's story
There are 1.5B acres of fertile, uncultivated land in Africa with 175M subsistence farmers earning less than $2 per day. Moringa is a climate-smart, drought-resistant tree that provides a pathway to economic security. Farmers can earn 4-10x more income by growing moringa. However, they lack access to international markets. MoringaConnect operates the first vertically integrated moringa business. It produces moringa-based nutrition and natural beauty products for wholesale customers and its own brands (Minga Foods, True Moringa). The team provides Ghanaian farmers with training and then buys their moringa produce at a fair price to increase incomes up to 10x. In 2019, MoringaConnect supported over 5,500 farmers, of whom 38% were female and nearly 75% amongst the poorest 20% in Ghana. Since their previous loan with Kiva’s Labs: Social Enterprise program, MoringaConnect has launched a 150-acre nucleus farm that employs a cohort of women and vulnerable populations in the community. It is Ghana’s first certified organic nucleus farm and contains the largest solar irrigation project in West Africa. This loan of $200,000 will be used to finance manufacturing activities and continue purchases of moringa from smallholder farmers in rural Ghana during COVID-related business disruption.