Pula
Poor farmers are caught in a poverty trap: they underinvest in quality inputs, like seed and fertilizer, that could dramatically boost their yield and income because they cannot risk a poor return if rains come late or pests wipe out their crop – both now common given climate change.
The Idea
Insurance for Small Farms
Total Investment
50000
Grants
0
Equity/SAFE
300000
Debt/Convertible Debt
Funded Since
2013
Geography
Sector
Structure
The Mission
Boost farmer income.
How It Works
Pula gets agricultural insurance products to smallholder farmers. They help clients—seed and fertilizer companies, NGOs, financial institutions, and government programs—design and deliver insurance products that are bundled together with seeds, fertilizer and farm loans. Pula further stacks the deck by providing farmers tailored advice via mobile phones on how to achieve higher yield and income.
The Dream
Smallholder farmers have the protection and advice they need to reach their farm’s full potential.
Why We're In
Input and crop yield insurance could be powerful risk mitigation tools in smallholder agriculture, particularly when coupled with Pula's farm advisory services. We've supported Pula from startup to 19M farmers across 12 countries. The co-founders are a phenomenal team who have pioneered partnerships with industry stalwarts and government that really work to make money and benefit farmers. This is one of Mulago's best examples of a for-profit company with impact baked in to their model.
Are you a serious funder and want to learn more?
This is just a snapshot of what we know about the organization. If you're an investor or funder that might send some serious dough their way, we're always delighted to share more. Reach out and we'll connect you with the right person on our team.
*this is not monitored for funding requests.