KickStart
Social Entrepreneur
Martin Fisher
Founded
1991
MISSION
To get rural families out of poverty.
Where they work
Kenya, Tanzania, Mali and Burkina Fasso.
BUSINESS MODEL
Design and sell easy-to-use, durable and affordable irrigation pumps that farmers will use to generate income, promote a self-sustaining private sector supply chain and support the market with education and sales initiatives.
Annual budget
US$6.9 million for FY13 (Jun-13).
Delivered to date
Over 200,477 pumps sold, 129,600 enterprises created with $110 million in new profits and wages each year, helping 649,600 people escape poverty
Impact
$850 represents the average additional net-farm income plus new wages per farming enterprise created per year in Kenya.
BIG PLANS
To help 400,000 people out of poverty on an annual basis in the next 5 to 6 years.
Our investment so far
US$725,000 unrestricted grants.
