Focus Area: Rural Agribusiness Financing
Prior to starting myAgro, Anushka Ratnayake created the core competencies of One Acre Fund’s operation model, and traveled across Africa looking for innovations in the microfinance and agricultural sectors. Anushka was an early employee of Kiva.org where she created the Kiva Fellows Program. She received her BA in literature from University of California, Santa Cruz and her agricultural training from smallholder farmers in Bungoma, Kenya. Anushka is a 2011-2013 Rainer Arnhold Fellow, a 2012 Echoing Green Fellow, and a 2013 Draper Richards Kaplan Foundation Social Entrepreneurship Fellow.
myAgro pioneered a mobile layaway savings model enabling farmers to invest their own money in high-quality inputs. Using a prepaid scratch cards, farmers save in advance over a few months. myAgro delivers the inputs to farmers before planting season to increase harvested yields by 50-100% and a 50%+ increase in income.