Evaluating How Root Capital’s Client Businesses Impact Smallholder Livelihoods: Sorghum in Ghana
In partnership with Participatory Development Associates, Root Capital conducted evaluations with two agricultural enterprises in Ghana. With the support of the Mastercard Foundation, we sought to understand the impact of Root Capital’s financing on each enterprise and the impacts on local farmers. The first report focused on Serendipalm, a palm oil producer in the Eastern Region of Ghana. This second, and final, evaluation in the series looks at Faranaya, a sorghum aggregator in Ghana’s Upper East Region.
Meaningful findings from the study include:
- Sorghum farmers affiliated with Faranaya earned higher prices for their crops than did unaffiliated farmers;
- Farmers working with the enterprise nearly doubled their sorghum production since joining, outpacing those in the comparison group;
- Farmers affiliated with the enterprise reported an increase in earnings by 33% with even greater income gains for younger sorghum farmers; and
- Women working with Faranaya perform better on key outcomes such as income, productivity, and price when compared to unaffiliated women.
Read more in the full impact study.
This report analyzes the impact of Root Capital lending and advisory services on a sorghum aggregator in Ghana and the impact of that enterprise on its suppliers and local community. Read on for exciting findings about Root Capital's engagement with the business.
In 2018, Root Capital launched a pilot program of a Farmer Financial Literacy training with sorghum farmers in Ghana and conducted a randomized control trial to evaluate its impacts. We present this report on the programs' findings and lessons learned for future interventions.
In the first half of 2021, we expanded financing to climate action leaders; delivered tailored agronomic and climate resilience advisory services to enterprise staff; designed a new loan product to finance soil regeneration efforts; and so much more. Read about how we're advancing our Climate Resilience Roadmap in partnership with rural communities.
In the first half of 2021, Root Capital continued to invest in the success of women farmers, employees, and entrepreneurs through our Women in Agriculture Initiative. Our 2021 Mid-year Update provides an update on our progress this year, and our cumulative progress since the initiative's launch in 2012.
In 2019, Root Capital piloted an innovative approach to strengthening women’s inclusion and climate resilience, in partnership with coffee cooperatives in Mexico and Central America. The evaluation uncovered key lessons for philanthropic and business partners.
This report documents Root Capital’s gender lens investing journey, capturing the organization’s goals and motivations, path toward realizing those goals, challenges faced, results of the work, factors behind success, and key learning.
In 2020, our world faced challenges that none of us could have predicted. In the face of uncertainty, Root Capital, our supporters, and our client agricultural enterprises around the world took action. Together, we were able to keep rural communities safe by protecting lives and preserving livelihoods.
Leaders in social entrepreneurship have had to rethink existing approaches during the COVID-19 crisis, but breakthrough collaboration has allowed them to channel support through social entrepreneurs at the frontlines.
After two devastating storms battered Central America, many families have been left with no choice but to migrate. Ana Zacapa, Root Capital’s board chair, makes the case for local, sustainable solutions grounded in rural prosperity.