Shamba Records utilizes blockchain technology and digital platforms to provide smallholder farmers in Sub-Saharan Africa with access to loans, insurance, and agricultural extension services. By digitizing the agriculture sector, the company enhances transparency and enables farmers to increase their yields and incomes by an average of 25%.
Funding
$5.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Smallholder farmers in Sub-Saharan Africa often lack access to essential financial services, agricultural support, and transparent market linkages, hindering their ability to improve yields and incomes. Traditional agricultural practices and limited access to technology further exacerbate these challenges.
Solution
Shamba Records provides a full-stack digital platform that leverages blockchain, AI, and smart data tools to connect smallholder farmers to loans, insurance, and agricultural extension services. The platform enables farmers to build credit profiles based on their farm performance, access microloans with transparent terms, and insure their crops and livestock against climate shocks and diseases. Shamba Records also facilitates connections to premium markets, ensuring fair prices and sustainable income growth. By digitizing the agriculture value chain, Shamba Records empowers farmers to increase their yields, reduce post-harvest losses, and improve their overall financial well-being.
Target Audience
The primary target audience includes smallholder farmers in Sub-Saharan Africa, agricultural cooperatives, aggregators, and agribusinesses seeking to improve financial inclusion, climate resilience, and market access.
Features
- **Shamba Cash Boost:** AI-powered microfinance platform providing data-driven credit scoring and real-time analytics for fast and fair microloans.
- **Shamba Connect:** CRM engine for cooperatives and agribusinesses, streamlining farmer onboarding, performance tracking, and payment integration.
- **Shamba VetCare+:** AI-driven animal health solution that monitors livestock health, detects early risks, and connects farmers to veterinary support.
- **Shamba Shield:** Digital insurance platform covering crops, livestock, equipment, and income, with transparent and quick claim processing.
- **Shamba SmartSeason:** Precision agriculture tool providing personalized insights on planting, irrigation, fertilization, and harvesting based on real-time data.
- **TraceXpert:** Blockchain-based traceability solution that tracks produce from farm to market, ensuring transparency and access to premium markets.
- **CarbonGrow:** Facilitates carbon sequestration through agroforestry and regenerative practices, enabling farmers to earn income from carbon credits.
- **Farmer Coupons:** Digital coupons providing tiered support to smallholder farmers, fostering sustainable agriculture.