Zonful Energy

Solar-powered Irrigation Systems for Smallholder Farmers Bundled with Pay-As-You-Grow Financing

Employee Gender Breakdown

52%

Innovation Type

Water-Energy-Food

Company Stage

Stage 3: 1001-10,000 end-users

Financing Goals

​Seeking equity (angel investor, venture capital or private equity), Seeking debt (commercial or DFI), Seeking combination of debt and equity, Seeking hybrid (convertible debt or similar), Seeking corporate investors

Seeking investment?

Yes, $1 million

Country of Incorporation

Zimbabwe

Country(ies) of Implementation

Zimbabwe

Product Segment

Energy - Farm Input, Water - Irrigation

Challenge

Every year, from August to September, around 11 million people in Zimbabwe’s rural and arid/semi-arid areas face high levels of acute food insecurity. At the same time, less than 5% of Zimbabwe’s cultivated land is irrigated, while more than 13 million hectares of land (11%) are suitable for solar irrigated agriculture.  

Additionally, agriculture accounts for 40% of Zimbabwe’s GDP and employs about three-quarters of the country’s workforce. However, rhree-quarters of farmers are smallholders who work on farms of about 2 acres and earning, on average, $707 per year. 

Solution

Zonful’s solar irrigation solution can help farmers improve their yields, enhance crop and water productivity, and reduce the time and physical burden of farming compared to manual irrigation. The innovator’s pumps are also longer-lasting, more efficient, and cheaper to operate than petrol-powered pumps.  

To address end-users’ inability to pay huge upfront payments, Zonful a pay-as-you-go financing solution that allows rural off-grid farmers to pay small monthly fees. To improve women’s access to agricultural inputs, Zonful targets households that are women-headed and have never used a solar-powered water pump. 

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