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Jasiri Talent Investor Venture Profiles
Mulika Farms
Problem
Mulika Farm is tackling the challenge of inadequate transparent and reliable direct sourcing channels for agricultural produce between farmers and traders. Traditional supply chains, involving multiple intermediaries, can erode up to 55% of the harvest’s value, diminishing farmers’ profits, reducing transparency, and inflating costs for consumers. Moreover, the complexity of these systems often leads to delays that degrade produce quality, contribute to significant food waste, and create inefficiencies in market pricing.
Solution
Mulika Farm is poised to transform the agricultural supply chain by establishing a direct, transparent, and reliable channel that connects farmers with traders. By utilizing a technology-driven platform, Mulika Farm will facilitate real-time data access on produce availability, quality, and pricing, and provide support for efficient logistics to minimize delays and spoilage.
Impact
Established in September 2022 through the Jasiri Talent Investor, Mulika Farm aims to streamline the agricultural supply chain by directly connecting farmers with traders. This connection is designed to increase farmer profitability by eliminating intermediaries, reduce costs for traders and consumers through more efficient logistics, and enhance produce quality by shortening transit times, thereby reducing spoilage. By optimizing logistics, Mulika Firms promises to transform the agricultural supply chain into a more efficient, sustainable, and equitable system, which is expected to drive economic development and improve living standards in farming communities.