Tapping into Indonesia’s US$24 billion crowdfunding pool, iGrow’s agribusiness platform aims to help poor farmers to transform underused arable land into sustainable profit-sharing organic micro-farms.
Why
Large but unprofitable sector
Over 40% of Indonesians have low-paid agricultural jobs.
National food insecurity
Indonesia has 16 million hectares of underutilized farmland but continues to import essentials like rice.
Funding gap, underdeveloped sector
Most of the arable land exist in remote areas where farmers lack access to capital.
Market
$24 billion
The potential value of funds available for crowdfunding from Indonesia's middle-class urbanites; iGrow wants to direct these funds towards farming ventures.
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