LiftFund

Farmers’ use of high-quality, certified paddy seed can increase yields by 5-15%, or an additional profit of $25 per acre. Thanks to the LLM project, farmers are more familiar with the benefits of using high-quality seed. There is a growing market for seed production and distribution. The project’s work on a seed-for-credit model shows promise in that it allows farmers to access seeds without additional investment. The current model is not yet attractive enough for market actors due to the coordination costs. A revised credit model or simpler seeds-for-cash model is preferred. As only an estimated 30% of Laputta farmers use certified seed (10% before LLM), there is a big opportunity for further investment.