The MasterCard Foundation
The MasterCard Foundation and One Acre Fund Launch $10 Million Partnership (2013)
The MasterCard Foundation and One Acre Fund launched a four-year, $10 million partnership to expand access to financial services and training for smallholder farmers in Kenya, Rwanda, and Burundi. The project will directly enable 181,000 additional farm families to improve their farming techniques and significantly increase their farm profits on every planted acre. In addition, the partnership will help pioneer a new sector of microfinance, increasing the interest and commitment among microfinance institutions to expand successfully into rural areas.