Modupe Gbadeyanka
**Unveils Platform for Farmers, Microfunders
By Modupe Gbadeyanka
The problem of sourcing for funds by farmers in Nigeria so as to increase their yields may soon become a thing of the past.
An agro startup company known as Agrilet has come up with a solution to this major challenge giving farmers sleepless nights.
Agrilet was founded by brothers; Victor Yunusa (CEO) and David Yunusa (COO) on May 2018, but was officially launched on March 1, 2019.
It is an open secret that Nigeria is an untapped potential agricultural power house, with 165 million population projected to grow to 470 million by 2050.
But despite this huge market, farmers in the Africa’s largest economy struggle to increase yield, tore produce, get their goods to market on time, and secure a fair price for their produce.
This is the problem Agrilet is trying to solve through its platform for microfunders to invest in farms and food-processing related projects.
Agrilet is giving farmers access to a larger market, machineries, and thus improved farm inputs, and to microfunders, impressive return-on-investment, fulfilment of dreams, and thus an increased alternative source of income. 0
The agricultural platform is targeting the $24.7 billion market in Africa, starting with Nigeria as its point of entry.
The company boasts of a dedicated personal assistant for investors, farm assistants for farmers and provision of a truck delivery service for farmers as well as better market price information.
