Agricultural mechanization is the major input to increase productivity; improve timeliness of agricultural operations; and reduce drudgery and alleviate the load on women. However, it is out of reach of smallholder farmers which account for more than 90% of agriculture in Ethiopia. This is because the smallholders tend to be, generally speaking, resource-poor with correspondingly low incomes that they are unable to own agri-machines, thus resulting in low level productivity and continual cycle of poverty from which is difficult to escape.
DoWin has established Custom Hiring Centre that provides on-demand, pay-per-use custom hiring services of various agri-machines for the smallholders. Based on franchise partnership, DoWin (franchisor) aggregates tractors belonging to individual owners (franchisees) and builds networked tractors through its platform. DoWin offers its franchisees the opportunity to own professional tractor implements for the entire crop cycle on leasing basis.
This venture has not initiated a round of financing on this platform. If they choose to, the summary of the fundraising round will appear to registered investors here.