How does your proposed innovation leverage public intervention in catalyzing private SME finance?
E. Program outcomes
1. By developing 2000 acres of lands we will produce 4200 metric tons of rice for the local community (Based upon the current Statistics, the yield of rice per acre is 2100 kg in Sub-Saharan Africa). Each program participant will average 20 acres of land or more (this is common in the area.).This will help achieve food security,
2. Empower 100 farmers during our first crop season.
3. Create 400 jobs. Each farmer will provide one employment position for every five acres of land area, creating an average of four jobs X 100. This will help attract young working individuals back to an economically revitalizing area, and develop a solid path to hunger and poverty eradication throughout the region.
4. IAA will set contractual agreement with all participants to address the following:
a. Achieve a production benchmark of 90% yield per acre of any selected crop.
b. Mandatory participation to all educational workshops with agricultural experts.
c. Support program expansion plan to other communities, regions and countries.
5. IAA will provide and manage all supplies and modern agricultural equipment (tractors, plows, seed planters and harvesters) including high yield seeds and crops
Up to 50% of the total production from each farmer will be jointly managed with IAA to be sold in local markets, neighboring regions making food available and affordable. Some of the proceeds will be used to maintain existing equipment and acquire additional equipment in an effort to expand the program to other farmers in neighboring communities, regions and countries.
The program will continue to create jobs, empower farmers as it expands, enable citizens to achieve food sufficiency, improve their living conditions, develop schools, basic care facilities and reduce vulnerability to malaria and other diseases related to living conditions.
If you checked any of these barriers, describe how your solution addresses them
IAA understands that in order to achieve the goal of ending extreme poverty and hunger worldwide, industrialized nations must re-think ways to help developing countries progress.
Sadly, in many cases, international aid never reaches those in direct need. Therefore, IAA is committed to creating grassroots movements with economic opportunity build from the bottom up by means of developed consortiums and empowerment.
Its founder Kone Abdoulaye, a native of Cote d’Ivoire, inspired IAA’s mission of “Planting seeds of hope today, for a better tomorrow and transforming the continent of Africa from “secular recipients” to “global contributors”.