2019 Year in Review - Crop2Cash

by Toluwalemi Oluwadare on 03 Jan 2020 • 3 comments
6 min read

Our mission at Crop2Cash is to turn farmers’ businesses into profitable ventures. We recognize that this is not going to be easy but we remain committed to tirelessly working to achieve this goal. The year 2019 was great for the company. We spent the year innovating around economic inclusion and access to credit for smallholder farmers.  Here's a look at some of our biggest moments and achievements. 

January 4: First blog post

We published our very first blog post on some reasons why smallholder farmers cannot access credit facilities.

April 10: SupplyBase Presentation

Co-founder and CEO, Michael Ogundare, spoke at the Competitive African Rice Initiative (CARI) National Learning Event about our Outgrower Management platform - SupplyBase - for Integrated Rice Mills. SupplyBase removes paperwork from the management of out-grower schemes making the process of recovery faster, monitoring easier, management and accounting more transparent. In attendance were representatives from the Federal Ministry of Agriculture and Rural Development, Nigeria, GIZ, Wacot Rice Mills, Labana Rice Mills, and other leading rice mills in Nigeria.

May 18: 1 year anniversary

On May 18th, 2019, we celebrated our one year anniversary. As we look back, we would like to thank FCMB, The Tony Elumelu Foundation, CARI, GIZ, WennovationHub, our customers, supporters, and those who believe in what we are working so hard to accomplish. We appreciate your continued support and look forward to an exciting future.

June 7: Introducing CashCard

We introduced CashCard, a digital service that enables smallholder farmers in rural Nigeria receive digital payments and build their financial identity. CashCard provides key features of financial services - bank-less savings, accessing farm inputs on credit, market price updates, ease of payment, and more. 

June 11:  Visit by FCMB Microfinance Bank
We hosted the CEO of @MyFCMB Microfinance Bank to a visit to some of the farmers and agents on our financial inclusion platform.

June 26: Crop2Cash launches ‘CashCard’, the farmer’s bank, in Offa Village
On the 26th of June, we launched CashCard - the farmer’s bank - in Offa to provide cashless transactions to farmers in rural areas. Offa village is the commercial centre of other agrarian communities (over 130) under Lagelu LGA of Oyo state.

July 11: Deployment of SupplyBase in Ghana
We introduced and deployed SupplyBase to Tamanaa Rice Mills in Ghana, the suppliers of the rice for Ghana's nationwide school feeding program. While in Ghana, Dr Audu Grema, (a Senior Program Officer, in Agriculture Nigeria, at Bill and Melinda Gates Foundation) and Fahari Marwa, (Principal Agricultural Economist at the East African Community) commended us for our work and emphasised on how important and impactful our work is in Africa

August 15: Grow with Crop2Cash
In conjunction with NACOSS Press, University of Ibadan, we introduced Grow with Crop2Cash” - a technology event focused on expounding students to some of the work we do at Crop2Cash while sharing latest innovations in the Agric-tech industry; in a bid to grow our talent pool.

September 3: Multi Actor Partnership for Rice, Accra

We were at the Multi Actor Partnership for Rice at #AGRF2019 organized by CARI @giz_gmbh. We showcased how we have digitalised and enhanced the rice value chain in Nigeria and Ghana and ensuring prompt payment to 14,000 farmers while improving traceability for rice mills.

September 18: French Ambassador Visit

We were delighted to discuss how we're unlocking agricultural finance for smallholder farmers in Nigeria through our mobile money platform, CashCard (http://c2c.ng/cashcard) with the French Ambassador to Nigeria, Jerome Pasquier, and his delegation.

September 18: Visit by Roald Klumpenaar

On the same day, we also hosted Roald Klumpenaar, Project Officer at Base of Pyramid (BoP) Innovation Centre. Roald came all the way from the Netherlands to see more of what we do and to share it with his team for the 2Scale Innovation Challenge.

October 2: SupplyBase Exhibition in Bangkok, Thailand

Our supply chain management app for the rice value chain was showcased on the 2nd Global Sustainable Rice Conference and Exhibition that held in Bangkok, Thailand.

October 16: Extension of Financial Inclusion Service to North West Rice Farmers

Some months after launching CashCard service for farmers in Oyo State, we introduced our financial inclusion service for rice farmers in two North-West states - Jigawa and Kaduna - in October.

November 8: Winners of Seedstars Lagos 

We won the Lagos edition of 2019 Seedstars pitch event. This automatically placed us in the Seedstars Summit Africa Finals in South Africa with 27 other startups and an opportunity to go through the exclusive Seedstars Growth Program.

November 4: Feature by a German Publication

We were featured in a German publication who recognised our work in turning farmers’ businesses into profitable ventures.

November 12: Crop2Cash at AGRITECHNICA, Germany

We were Exhibitors at the largest agricultural fair in the world (@AGRITECHNICA) Sharing how big an opportunity it is in unlocking billions in finance for Smallholder farmers in Nigeria with @UNIDO @EnableWAfrica in Hannover, Germany.

December 6: Winners of the Seedstars Summit Africa 2019

Along with ten other startups in Africa, we were announced winners of the Seedstars Summit Africa 2019, held in Johannesburg, South Africa.

December 15: Winners of Agrinnovation

We were at the 1st #Agrinnovation seminar organised by the Embassy of Israel @IsraelinNigeria and the Office of the Vice President @OVPNigeria in partnership with @MyFCMB where we were named the TOP INNOVATOR in Agriculture in Nigeria! 

The last 12 months have been an incredible experience and the next 12 promise to be just as exciting. Kindly subscribe for more updates on our articles and products. We’ll continue to share the wealth of knowledge and experience you helped us acquire.

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  1. Maria E. A. Ukpanyang

    03 Jan 2020 AT 23:21 PM

    Best wishes for the new year, 2020. As a small scale farmer in Cross River State, I was interested in the name - crop2cash- but I'm afraid your impact has not yet reached me. It is quite interesting reading your 2019 in review. How do we down South benefit this 2020? Thanks
  2. Abiodun Oluwafemi Oluwadare

    04 Jan 2020 AT 11:46 AM

    A nice and productive year. The team should be more inclusive and reach for the real rural farmers. Don't limit your activities to rice, extend it to other crops in which Nigeria is spending millions of dollars to import
  3. dynfstetd

    16 Oct 2020 AT 11:20 AM

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