Impacting Lives through Agriculture: AgGrandize Global
Approximately 500 million smallholder farmers in the developing world operate farms under 13 acres. They play an outsized role in reaching the U.N. Sustainable development goal of zero hunger. It is estimated that these smallholder farms operate on 12% of the world's agricultural land and produce 80% of the food consumed in Asia and sub-Saharan Africa. And yet, these farmers often lack the training and access to resources to optimize their land. According to the World Bank there is a $200 billion shortfall to fund the current financial needs of farmers in developing/frontier countries.
AgGrandize Global works to meet these needs through partnerships worldwide. The AGG team serves two distinct, but interdependent customers.
Agronomic Expertise for Farmers. The AgGrandize team of experts works directly with a farmer to help manage his or her crops throughout the growing season. Engagement at this level yields a higher success rate both for the farmer and the investor.
Better Opportunities for Impact Investors: By working in such close partnership with local farmers, AGG finds opportunities for investment—to facilitate purchase of feed or machinery, for example—and presents the best ones to investors. These investments enable local farmers and operators to compete and provide for their local markets.
AgGrandize Global’s recent offering with an ag business in Eastern Europe provides a great example of the creative opportunities the company can source. They’re providing a revolving line of credit with a lower APR that what is commercially available in the region.
Through a local representative on the ground in Eastern Europe, AGG reviews key loan ratio’s, audits financials annually, and collects, track & distribute interest earned. In addition to these services for investors, AGG provides strategic and tactical expertise for the farming community.
Approximately 500 million smallholder farmers in the developing world operate farms under 13 acres. They play an outsized role in reaching the U.N. Sustainable development goal of zero hunger. It is estimated that these smallholder farms operate on 12% of the world's agricultural land and produce 80% of the food consumed in Asia and sub-Saharan Africa. And yet, these farmers often lack the training and access to resources to optimize their land. AgGrandize Global works to meet these needs through partnerships worldwide. The AGG team serves two distinct, but interdependent customers.
In a previous blog, we wrote about two key failings of the fizzled WeWork IPO. In this article, we discuss what the company got right—attempting to rewrite the rules for work to better fit the needs and expectations of modern workers. Even with the right goal, however, WeWork ultimately fails to reach it. The only way to truly align work with human flourishing is to understand and apply a biblical framework.
One of the most anticipated IPO’s of 2019 hit enormous roadblocks and it serves as a powerful case study for us. In private fundraising rounds, Adam Nuemann, WeWork’s CEO, enjoyed incredible favor with investors. That favor finally ran out as skeptical Wall Street investors found flaws in the company’s governance, valuation, business model, and expense structure. This pushback from investors caused WeWork’s parent company to withdraw its planned IPO.
For those looking to meet like-minded investors and business owners or learn more about what God is doing in faith-driven entrepreneurial ventures, The Lion’s Den event in Birmingham is the place to be.
The Lion’s Den exists to “Inspire, Educate and Mobilize” people to invest their time, talents, and other resources in the Kingdom through “Business as Mission.” 2018’s event had more than 300 attendees from 10 countries, 83 cities, and 25 states. Held October 9-10 in Birmingham, Alabama at Samford University, the Lion’s Den Event is really two events in one.
Join me and hundreds of like-minded peers for the 8th annual Business as Mission Conference. It promises to be the most comprehensive global gathering of business people, mission agencies, churches, academics, and students who thrive at the convergence of business and missions. Meet the people behind the success stories that will inspire, encourage, and motivate you. Learn what God is doing in business & missions, and where you fit.
You don’t want to miss it! They offer flexible ticket options so you can attend for the entire weekend or just one day.
When heeding the commands of a sovereign God whose purposes for His people are always good, there is no way to lose. The only true risk is to run from His call and bury our assets in the ground, where they cannot be put to work for His Objectives’
We want to move up and to the right — that’s success, right? More profit, more impact. And often that’s the line that secular impact investing keeps feeding us. A major study by the Global Impact Investing Network suggests there’s no trade-off between profit and impact. Does that need to be our definition of success too? Or does our faith compel us to a different standard?
If we want to make a dent in global poverty through our investments, we must become more familiar with this ancient practice.
Melody Murray, co-founder of Joy Corps and JOYN Bags and recent immigrant from the US to Southeast Asia, shares her perspective on being a foreigner and the promise of Advent.
This Christmas season, I have been remembering that Jesus felt all these things too. He was born into a condition of homelessness. He spent part of his childhood as a refugee in a foreign country and his adulthood with “no place to lay his head” (Matthew 8:20).
Every profession has its hazards. For mine, it’s lawyer jokes and requests for free legal advice.
This blog contains neither, but it will provide a little education on the basic forms of corporations so you’ll sound smart when you call your own counsel.
Some states offer a larger array of options; this blog discusses the most popular entity choices including corporations, LLC, low-profit limited liability companies (L3Cs), and benefit corporations.
Anytime someone says, “I’m thinking of starting a nonprofit,” my immediate thought is to make sure I can’t talk them out of it.
As Dan Palotta points out in his semi-famous Ted Talk titled “The Way We Think about Charity is Dead Wrong”, charities/nonprofits face tremendous headwinds toward scalability. Palotta examined the number of organizations surpassing $50M in revenue since 1970, and found only 144 charities reached that level while 46,136 for-profit companies did.