One Acre Fund Debt Financing
Funding Round
Amount Raised
$1.4M
Date Announced
Jul 22, 2024
2y ago
Disclosed Investors
1
1 lead
Linked Sources
1
One Acre Fund
oneacrefund.orgOne Acre Fund Debt Financing round record, dated Jul 22, 2024, amount listed $1.4M, 1 disclosed investor.
Notes
Speaking about the fund’s investment into One Acre Fund, Impact Bridge’s CEO Arturo Benito said, “At the beginning of the season they provide farmers with an in-kind loan of seeds, fertiliser and other farming tools as well as micro crop insurance. Once the crops have been harvested they also help them introduce their products to market. They then collect the value of the in-kind loan plus the interest.”
Disclosed Investors (1)
Lead Investor
Record Details