Mountain Lion Agriculture (MLAg) is pleased to report that so far 2018 has been an outstanding year for our Company. Sales grew significantly in the first two quarters of 2018, with successful sales channels now absorbing all what we can produce of our 50kg and 1.5kg bags (see below).
Securing more rice is now a top priority as a lack of raw rice has been the main limiting factor for our 2018 performance. As a result, MLAg is investing significantly in training, supporting and financing 2850 new smallholder farmers who will greatly increase our access to raw rice. These farmers also represent a development impact and will benefit from the proven livelihood and production enhancement MLAg delivers to our suppliers. Investing in, training and lending to these 2850 new smallholders has been greatly facilitated by our strong partnership with KIVA (one of the world’s largest microlenders), a grant from Word and Deed (Holland) and the support of our investors at MEDA, Horsch Foundation and CordAid.
Our loans and equipment enable smallholders subsisting on $30 per year to increase the size of their rice farms, while our Carbon Building training is increasing their yields by approximately 25%. These two increases combine to generate an economic revolution for our smallholder suppliers, who are transitioning from subsistence gardeners to profitable, sustainable commercial farmers. In 2018 we have made particularly good progress rolling out our Carbon Building training, with 7 demonstration plots established and workshops delivered to 28 communities. Research is also continuing to prove up this important, climate-smart method of rice farming that is increasing yields for our smallholders while sequestering carbon. We are pleased to present the below video update, which summarizes our research this year:
Recent Comments